RE: Lots of opportunities for this Jangada say @TMsreach22 Dec 2021 17:30
O&W - I don’t think I’ve met a shareholder yet happy with the PR engagement. So many easy wins not taken that could at least partly negate some of this. We’re both capable of understanding with references to 3rd party talks with traders and potential local traders that these would be under NDA and details unavailable, just the occasional tweet though highlighting we’re at such a stage and all options/various scenarios on the table would go a long way/have gone a long way.
Personally I’ve always hoped, but not necessarily expected, that a partner would come in early if terms could be agreed that are deemed acceptable. DSO was only ever stage 1 in my mind, if could be bypassed then great, if not then option for us to get cash and drill to stage a larger resource made the project robust enough for later larger investment.
I’m happy the signs are pointing to something bigger now, not banking on it yet until anything is fully signed and announced etc, until then DSO still in mind hence keeping eye on iron price.
The June interviews did give me clues something wider was a possibility, but definitely not a certainty. Yesterdays RNS was to me the clearest sign (in fact quite blunt) something wider is now more the probability as opposed to possibility, other than that it’s purely been the time taken which surely is buying thing down the last details of a DSO that hinted at it.
All we can do is guess on how SP would have held up if better PR, my guess circa the 7.5p we started the quarter. I’d certainly like it to be stronger as a base point to when news lands. Ok CEOs shouldn’t be worried about daily movement etc but just be aware that simple PR affects sentiment and as investors we’d like to be in nkt just a project with great fundamentals, but also where the MC doesn’t lag so far behind a fair market at this point, let alone when further updates and progress is made.
Sign In
Follow the stocks
