Thanks for the link Leicester. Just noted it says the project ends today 31.12.2019 so maybe that's why we're still waiting despite being promised results during Q3. I did have a look at the list of partners on the EUNCL website here: http://www.euncl.eu/partners/ and N4P wasn't listed but I'm not sure how up to date the site is as their last news update was 24 May 2019 although I'm sure N4P were working with EUNCL before that?
unfortunately, the market tends to disagree with you thus the current deflated SP. Missing their Q3 deadline for EUNCL results won't have helped and the lack of any comms around this is beginning to get quite worrying. It's long time Nigel and co started delivering. God knows what the 10p placees were promised but I bet it wasn't this!
I cannot believe under any circumstance that MKA would not be aware of this news given they part own the Songwe Hill project, however it doesn't look great on their part that material news is not being RNS'd to the market given this came out on Dec 9. It's great news of course, but at this stage it's just an MoU and not a contract. Two very different things.
you're right. he is a nice bloke. I've met him multiple times and he has always come across as sincere and focused on the job in hand. The problem I have as a long term investor is that deadlines haven't been met, salaries haven't been reduced enough, assets haven't realised any value whatsoever, and their flagship project (Molyhil) appears dead in the water.
Shareholders must now work together to make a positive change.
I think that interview confirms there are no interested parties in Molyhill and Mick now needs to step down at the AGM if no deal is put in place by then. All shareholders should be in agreement that this is the only way forward now. Use your votes and get rid of the deadwood.
It’s a plausible theory I suppose. Probably untrue but the joys of this market are we will never know either way. What we do know is that this is now becoming a bloodbath and many LTHs are selling out and reinvesting elsewhere.