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Really pleased the TEO is finally submitted, it’s been a slog getting to this point. But this is AMC so I’m a bit disappointed that they can mention board discussion when it suits but not when we’ve been asking and begging for clarifications on various aspects of the company like Adam etc. any way as you were!
I agree it makes good commercial sense but it need to be communicated as such, rather than setting false expectations. I’d rather have seen an RNS stating we have the TEO ready and think it’s great but because of x, y and z it make sense to postpone by 12 months to include all this additional information. But we have to second guess and work out what’s going on, I always take my stakeholders on a journey, and don’t feel RY is doing the same, we’re left like mushrooms trying to piece together what’s happening and I’m not just talking about the TEO, but AH saga, crede , the PFS, Lack of comms etc.
Noloss in October ‘20 the company said they were on Track to submit the TEO on Dec 1st ‘20, in December there’s a year extension and 6 months on they are still independently verifying and including new met results. For me this doesn’t stack up
I asked the question of AMC if Adam was still employed/ linked to the company In any capacity. I’ve asked this before but as usual no response, if anyone can be bothered suggest we all ask.
Does Adam work for us any more? It has his main role on linked in as Senior consultant for Europa Metals Ltd, and stating he can’t wait to get back to his new offices at that company. It feels like his new role is the main one and Amurs President and Nathan Resources Director are more consultancy but I would have expected it to be the other way round.