RE: Check this out1 Jul 2023 12:59
How soon is soon, Pad? Put a date on it or it's just meaningless ramping statements. You must have an opinion on the when- why else would you be sat in this share waiting for years like me? Do you agree with dg1 that it's before Christmas. Or end of H1 next year? Or 2025? Go on- be brave and then hope you're not wrong.
For balance, the majors you speak of have had months of this new, cheaper level to increase their holding and decrease the price they would have to pay if they fancied a TO. They haven't, so I think we can conclude that NCM and BHP are not thinking about solg much anymore. BHP have their own exploration office in Ecuador, but haven't increased staffing their since inception. Jiangxi have almost returned to their pre-dilution percentage (not quite) but seem to have ended their buying, and the other two haven't topped back up to 13%, seemingly happy at 10%.
"Tier 1 asset!" is the fall back of most of you guys. I wouldn't be here if I didn't rate the minerals in the ground, but remember that we're invested in a company that has bought the rights to explore, assess, develop and fund the construction of a mine. So far, we're only two stages in, and our exploration licence at Alpala is time limited. Our currently leadership have been bullish in their substance-light comms, but they're going to have to get down to some serious business if they expect the government to sign exploitation licenses with them and not someone else.