Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not all the time, but as the JV has only just be signed a few days ago then feel that is best at the moment not to start thinking on what might go wrong. Otherwise any would never be in a positionve frame of mind, as far as Syn is concerned.
Will just add that the preperations for the 1st drill will likely be before approval. So when approval is given Syn & its partner will be ready to get on with the drilling.
All enjoy w/end
Now the JV is signed then cannot see at the moment any point on thinking what might go wrong.
The signing of the JV was the most important positive news for a very long time. So just think on the positives.
Now that a JV is signed with an Indian company would not think the GOI would want to delay the commencement of the first drill.
One other bit of news that can be released before/after approval is the start of preparations for 1st drill.
It is what it is hoping for, but going on the bounce back to where s/p is now on couple of occasions & interview on Monday then would think very unlikely.
Would think within 24hrs of interview.
Overall agree.
Now the JV is in place then cannot see how the s/p will not rise by very nice looking %. Especially once drill commences & would think preparations for the 1st drill should start soon.
On the commencement of preparations would be great if that can be confirmed in an Rns with some sort of timeliness to 1st drill.
Rns on GM was posted by Gordon earlier
Going on last sentence would think tha GOI approval will come within few mths.
Maybe use a different heading & also try to drop posting on raising funds when it is not happening at moment.
AGM, is not until around Nov
Think it was mentioned.
Would be very positive to have it, in an Rns though.
Think you are thinking on the headroom
One thing it should do is make Syn's JV partner a more powerful partner in India of which should be a positive for Syn.
Lions
Carrot likes to try make any newbies believe that GOI approval will take 6 up to 12 maths & there is only one reason & that is he wanted price to drop to 0.09.
GM was 10.0 this morning
Will add that if not one then why not release an Rns this morning & confirm.
If it is a placing the he has fc..ked up big time by having it just as a very good looking JV is released in RNS.
Poster I was referring to is carrot.
Would seriously think that the Indian company that is Syn's JV partner would not want to be waiting for 6mths to get official approval.
So would hope that there might have already been brief talks with the GOI & approval can be given within a few mths.
In end though all can be done is have your own opinion.
The approval though has said to be a formalty & think some preparation for first drill will start before approval.
Will add on own opinions, as far as one poster is concerned he/she is only trying their best to keep s/p low or lower.