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I'm Still here with my shares, not selling any, i'm more than happy to wait a little longer, we are still 50% up on a year ago, and the deal is to be signed in the very near future. what more could a patient long term investor want.
I’m very calm, we know the deal is coming, it’s amazing that as we get closer people we have never seen before on this forum post a negative comment and then some begin to panic,
I’m holding for the long term or until my personal target is hit, which at the moment we are no where near, I will probably be here until at least another couple of deals are done to take the MC and subsequently the SP to where it should be
The details of the upfront payment are in the Cenkos broker note and arethere to see for those that read it, I’m comfortable waiting for the final signatures whether that’s today/tomorrow or early in January, my shares are going nowhere
I can confirm I haven’t sold and will continue to add as and when funds become available, I added over 30k to my total the other day
The potential here is phenomenal, we have a CEO who speak with the investors and so far the board have done everything they have said they would do which is a rarity on aim
Sambar
we could get news at any time on BC201, Suzy mentioned in the Sunday roast a number of weeks back that there should be news very soon, so based on this i'd imagine there will be an update when they are ready to release the information. In addition last week the patent for BC201 was made public and this is going through the process to hopefully gain a full patent. (the patent was applied for nearly 18 months ago, patents normally take about 2 years from start to finish)
I did notice that CEMEX also have regional presidents, one being the region of the CS project which covers south nevada and south california and another region with another president for north neveda and california which from the annual update yesterday is the next traget for the CRMC and new pozz developments - so this could be a possibility
@ terrafin,
i picked up on those points, however i would assume PC is letting it be known to the potential JV partner that there are potential alternatives and he won't be pushed into a poor deal, and of course any RNS would have to caveat that any potential deal may not materialise, i've seen it on quite a few rns's,
That said, we will have to wait and see how this plays out, but one things for sure we are all more informed about what's going on than before and I for one am looking forward to 2022
I agree a fund raise may be needed, however with an agreement for joint venture in place it may be possible to raise funds through loans rather than going to share holders, but only time will tell,
that said its a very positive RNS and brings a lot more clarity to the direction the company is going
It is also notable that just after he mentioned PC was on sunrise business that PC was also handing over the reigns of the tym projects to Mr Cullen, could this be a clue to Patrick focusing solely on sres as the deal is imminent,
Had a message from HL today, salt lake potash limited has been delisted and shares removed from account, the company will now be known as SO4 Limited