I know nuffin16 May 2023 14:47
Which of these aren’t true?
1. 12th May 2021; received a proposal from a credible party & exited the FSP 734 days ago.
2. Asset sale; (28 Oct 2021) buyers DD complete 565 days ago.
3. NKT JORC; (16 Dec 2021) Work on the open pit part is in progress and the NPV of that part will be announced separately 516 days ago.
4. NYUD JORC; (8 Feb 2022 draft CPR with BOD for review) 462 days ago.
5. MT DFS; (11 April 2023) A final opinion on the DFS, to be provided by Rosnedra, is anticipated in the coming weeks. 35 days ago.
6. Nyud; Exploration license received by Rosgeo in mid Dec 2022, EUA will update shareholders on receipt of this license in due course. Approx 152 days ago
7. 2 x court cases pending Mispare/Queeld Ventures Limited & Logik.
Artem; how could he speed up the asset sale if we always had to wait for the DFS? He was appointed on 18 May after the invasion.
Rosgeo; we turned down extra placings at around 26.5p as the $35M raised was enough for the BOD to complete the Rosgeo JV. We’ve spent most of that now so was the plan only to ever to proceed with NYUD. If that’s the case why announce the companies Reserves & Resources including all of Rosgeo JV.
Why have they never released the results of the NYUD JORC or taken up the 75% option on the licence, would that create an issue with West sanctions?
They hinted at a Japanese buyer then told us it’s a BRICS country when the war started, if that’s true why keep an office in Japan & I think one of the BOD are based in Japan. Shouldn’t we be trimming our costs?
WK; why haven’t we sold the mining product, give us the real reason as above is this to do with West sanctions?
Options; only CS & DS (40M) would have inside info so why extend the other 106 M options as well.