Crux messages from RK Interview21 Oct 2021 10:10
Going back to Tuesday, 11H03: Copy and Paste from RK
"There is no doubt that this major exercise is preparing the way for the AGM by teasing out the key issues (which frankly are pretty obvious to all of us on here), sharing insights and garnering responses to those insights.
While I still think much has been achieved in the last year, especially on CG, there are still some key actions to be completed and the AGM could be challenging while 'the elephant remains in the room'...
Until then, and as I stated clearly, in my opinion Solgold remains 'cannon fodder' and vulnerable to an unwanted bid (apart from some on here).
In fact I stated openly that there is even a price at which I would sell, based on where we have come to in all this....
Moving on...
Apart from this issue and recruiting a CEO, clearly the Alpala PFS and project funding are key, so...
They need to issue a PFS by end 2021 incorporating as much of Tandy and anything else as possible to make the economics as attractive as possible.
The financing proposals need to be released as soon as possible after that to allay any doubts about the bankability of the Alpala project.
Finally, I'm clear that any damaged relationships from 2020 have been repaired but that doesn't mean that those investors won't be looking closely at the build up to and outcome of the AGM..."
Are my conclusions correct?:
- PFS by the end of the year - definitely?
- Announcement on Funding shortly thereafter or is this just a sham ploy?
- No CEO or CFO, yet KM will not be there for ever!
-Roadshow as the AGM will be FIREWORKS, and to gain support for resolutions -what are they?
- Elephant in the room is NM?
- Or is it a Low/medium Ball Offer as Cornerstone's major shareholders are positioning themselves and do not seem to be worrying about having to pay towards mining development infrastructure?
So much to consider! But luckily the drill bits are turning and hope HOLE 24 is a saviour to ignite the depressed sp! Then there is the influence of drilling on other sites? Perhaps the possibility of 3 or more Tier 1 sites?
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