RE: Thinking out loud …2 Jul 2024 19:50
Searcher, if we do not get the green light next week, we will not see a sell off.
Too many people have spent too long building some sort of holding here for that to happen.
Next week may just be the start of the approval route, the GoB will probably start to say that they are looking at OPM and mining at other sites.
Then they will want the modality, this is where our two new appointees will come in.
From there it will be a framework, timetable, more MOU`s and notice served to farmers. They will need to ensure rice is imported in sufficient amounts to compensate for the loss of crops when the overburden removal starts.
I expect this will start in 6-9 months time.
During this time we will hopefully see our SP increase with a possible dual listing.