Good post. I agree. If Dennis is no more, so to speak, then we'll be receiving news of his departure. Maybe it will include a further update about the expansion for more copper situation. Today's update feels to me as if it's Part I of a few releases of news in shortish succession.
I've said many a time that I'll review progress at the end of the year and will still do so. I have to take into account the ZEMA spanner effect on our progress though. That had been out of BMR's hands.
The AGM will be tough for MA if nothing much else occurs now that the hurdle to environmental clearance has been overcome. If funds are required, which will likely be the case in the not too distant future, it is up to MA to step up the news, get the sp up, so that funds can be raised at a higher level.
Neutral feel today, but good to have an update. Defining news still to come.
Yeah, he said good news the way he sees it. But today's news is like any other news, so it is nothing which would be worthy of any secrecy in my view. I don't think today's release is what they've been banging on about. If it is, then it's a bit sad eh? Lol.
Not bothered really, almost had a stroke, coronary and diarrhoea simultaneously yesterday while I was trying to prize out the information for us. I don't want to go through that again.
From my reading yesterday it seemed a bit of a storm in a teacup then Frey even said he/she felt it was good news in his/her opinion. Dennis Human leaving potentially the good news? Unconfirmed but his name was omitted from the RNS for the first time in a long time. If they're still trying to find optimal routes for processing perhaps MA was unhappy with the pace it was progressing and decides to hand over to an alternative manager?
Who know? FFS, IMO.
Agree, a really neutral RNS but a little annoying that so little progress has been made, with good reason, perhaps. Nevertheless, can see why some people may be selling today as there will likely be a lower SP should the perceived lack lustre pace continue. Think it's unlikely we'll see production this year IMO.
Main concerns for me now is funding, the rns mentions they are weighing up options but we've read that kind of thing in a BMR RNS many times. Depends on how fast we're spending the cash raised post ZEMA approval but I would imagine by new year if no progress is made on making a decision on finance options or even a conclusion of 'advanced' off take agreements then I think we may be facing further dilution. Just IMO.
Obviously I would hope we can finally get into production ASAP and all of my concerns are nonsense.
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