Following the presidential election, overcoming Covid crisis (vaccine) and streamlining of the projects, there's always a POSSIBILITY of "premium funding" as and when required. Wee set back on PFS delivery but dont forget, this is a monster tier 1 resource !! Realistic and forever positive. GLA
From Aug 2020 RNS: "A 12-hole drill programme is expected to commence in October 2020, and is expected to be completed in March 2021, subject to funding. The results of this drilling program will allow the company to estimate the amount of infill drilling required to update the project resource statement.
In parallel to the exploration drilling, EIA studies continue, and the submission of the EIA to the DMRE will be made in Q1 2021, and is a crucial step in allowing the DMRE to award a mining right to the Company" I wonder how they are getting on!? ATB
Our tenements are/should be worth even more as new licences are subject to stricter approval, if at all! Peeps will be flooding back in - majors will be scrambling -expecting blue come Monday! Happy days ahead. Cheers! ATB
Β We are heading towards supercycle in commodities....no doubt, JZ has been waiting for this to maximise share holder value. No harm in wee bit of positivity! GLA
Cant help thinking, this stock been played to keep the price subdued...how many companies do you find with government backing and safe jurisdictions! GLA
Imo, there will be significant sp movement once the election results are declared. Reading between the lines, politically, existing licences will remain intact I.e. no issues for solg. Synopsis by the young analyst at liberum doesn't make sense (Short sighted) but further antagonised some shareholders and possibly syndicates trying to smash the sp! NM and co (major SH) have too much skin in this. Very disappointing but temporary hiccup (been here a few times). Gut feeling, a pleasant surprise by end of March. GLA
Added another 9159 shares a few minutes ago. My wee theory behind this morning's "buy" was knowing what we know about CGP (rejecting NM's offer, correctly calling on governance issues etc and ears to the ground) - that is: valuing their stake more than the offer + growing assets - then surely, it must be a right decision to top up ! LTH since 2010. GLA
Great opportunity for the Chinese to bid for the whole concession...NM, explorer of the year bla bla, got few weeks to get the rabbit out of his sleeve ! I'm hoping after 10 years....few more grey hairs this am. GLA
Sometimes, more than often, you can't help but question the integrity of mar ket mak ers....not a simple, demand vs supply, is it !? SP, marked down again!!! GLA