Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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It will still be very interesting to hear what NvS says at Junior Indaba, we are getting silence at the moment so it will be good to see if he is still as bullish about the prospects.
We sometimes see what we want to see me old China
"Nick is also a consultant to Apollo Group, one of the largest private equity groups, Chairman of Fodere Group, a private company that has developed environmentally sustainable technology to extract high value minerals from ore and a director of Jangada Mines plc, listed in London. "
Nick pitching at Indaba gives us more exposure and puts pressure on AA.
https://twitter.com/Martin_AIM_77/status/1320758285042176000?s=20
You presume correctly. So you believe they will drag this out till the end giving more time to prove up resources and increase the value of the asset? Less time also means more opportunity for competition to step in. All that being said we can't get drill result out let alone prove up any asset. I would love to be proven wrong and make some money but the assay results being kept from us stinks. How can any deal be judged as fair value without knowing what we've found? Why if they are being kept back should AAL be privy to them when we own the company? Why if they're good results should they not be made public this would increase share holder value as NVS said he wanted? These are genuine questions to you guys and not just me being grumpy. I've been burnt before and this is starting to look similar
Plus an extension option.
Agreed, they actually have 80 days left
Yezzerr: You’ve presumably never worked for a big multinational company! No one ever rushes out an offer. They’re not Wild West entrepreneurs. The more information they have, the better. They are managing risks, not speculating. And they gave two months exclusivity left so why would they need to rush anything?
Why is everyone impatient here? Lab results take time to process and the email I received feom NVS last week was reassuring;
"We are busy processing assays and in consultation with AAL on related matters, inevitably these things take more time but very much on track"
From my perspective, there's nothing to be concerned about. The results should be this week but if its next week or the week after, it makes no difference
The 7-10 day update is now 70-100 days late. The only positive I've seen recently in the picture of the snake from VC's tent. Atleast he is still out there working on site rather than in the office looking for another synonym to shortly/imminently.
If after all this time we only get results from 3 holes i'm going to be pretty miffed. Although at this stage i suppose ANY results will be welcome lol.
It is frustrating, I listened again to the most recent conference call last night. The comment that stuck with me was Nick congratulating shareholders for being patient.
Remy then says along the lines of .... if we do things correctly.... he didn't say 'if we find enough copper'
We have the copper... we are just thrashing out a deal.
I will add again to my 1.3m shares
GLA
When the drilling results eventually come out it will be interesting to see if they are just for the first three holes from Fwiji. They should be because they were the first batch sent off before the investor call. If we get results for more than three holes then they have they have been witheld for whatever reason.
Can't believe we are nearly into November and we still have not heard diddly squat about these drill results. Been 2 weeks since we were told the soil sample results were imminent.
I've emailed Nick twice since i last heard from him on the 21st August and he's not replied to either.
To say i'm getting a little frustrated is an under statement.
They would rush to make an offer if our drilling results were good. Why? The more decent cores that come out of the ground the more they would have to pay. This radio silence and lack of results shouldn't be making people happy its bizarre. Have you ever known anyone with good news to keep it quiet?
Why would AA rush to make an offer they still have just over 2 months of the exclusivity deal... I'd use all that time to do as much DD as possible, wouldn't you? If there's copper there they will deal i think
If AA don't make an offer i think these shares will go in the bin, why would anybody else make an offer if they don't? The only reason they won't make an offer is if there's nothing there.
I will be surprised if we get drilling or soil news, the next Rns will hopefully be a offer.