The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Do you think CB has been in touch with the ministry and has an idea when the license will at least be reviewed. If so, do you think given his previous indication beginning of Q3 he should update the owners of this company? Or should we just be happy with hot air and be puzzled why the market doesn't favour this company?
Well it would be very helpful to get some tangible news on luansobe - now over 2 months late based on previous hubris. This share will not relate until CB delivers more than tweets and hyperbole. Yes we await the license but if there is no news soon this will tank - many small companies tank because they get greedy and self deluded, expand too rapidly and don't deliver the cash flow required.
It is a bit bizarre saying you are in at 130p with a 50%,chance of a drop to 30p, whilst emphasising the limited upside on the other 50% + maybe odds for a grand national tinker but for an experienced analyst?
Roll it CB ..luasonabe due H1 is ready but overdue, shareholders are ready, analytical is effusing, when can we expect a professional response in the form an overdue RNS rather than pouring gravy on a Sunday roast. How about moving on to bigger boys management .spell out the hold up unless it was all guff of course
CB said open pit mining would commence Q1. Some see this as an indication rather than a well conceived project plan with contingency. CB may have put together good assets, dosed with hubris and hyperbole but they will count for diddly squat if the delivery does not match. Keep the investors up to date ..they will understand things out of co's control like cadastre but quite rightly won't tolerate unfounded hype
Analytical
"Bring Luansobe open pit into production before end of first half of 2023 and commence Luansobe large-scale exploration programme testing extensions before the end of second half 2023"
Well he has 5 days . I hope this is not just CB hubris because this does his reputation and thereby the investment case no favours.