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Anal...the pie in the sky was not a reference to drill results or potential of the assets..(I have no disagreement on this). The question was about timing..what does nearly there mean. You have stated previously you expect 2 to 3 asset sales/JV by Q2 ... this is pie in the sky. I hope your guesswork is right..I would be happy to eat the humble pie, but I suspect you don't do humility and if you are wrong you will just create another hubristic guess.
We should be pressuring the company to provide more facts on plans, holdups, timelines for all of the assets.
Luansobe licence within one to two months. If granted the Co has indicated mining begins by Sep/ Oct. Probably wise to expect some slippage given previous expectations not supported by detailed plans.
Other assets are still in pie in the sky phase, no facts available to say when "there" , so nearly there is optimistic speculation.
Irish demon...no need to be rude. The thread discussion had moved to Luansobe to which the plan and cash flow comments were addressed. The drought reference should also have made it clear the discussion was about Zambia
Analytical...given these results do you still expect this to be sold by end of Q2? Does the unusual discordant nature make it more uncertain commercial ity wise and therefore may delay a sale until the further exploration drill phase is completed?
Yes the rising copper price makes Luansobe more attractive but the company has not been transparent enough with the costs to exceed ise the option of developing the open pit ourselves and whether this could be funded out of current liquid assets or would require either debt, dilution or a sale of another asset. I emailed the company about this cash requirement but got diddly squat in reply. That is the quality of our management.
That is rather uncalled for. Levi obviously knows we are not producing..it was a sarcastic question. Many people are equally frustrated because there is a lot of hot air but no return to shareholders. Let's hope your expectation of 3 sales/ diversifications by end of Q2 is not just hot air.