RE: sliced a small amount in here and added #THS21 Feb 2020 08:50
Been holding a fair chunk of these for about 5 years and, like others, finding it tempting to take some profits but for the moment hanging on. My other largest long term holding is SOLG which I believe has huge potential
Whatever the bashers may wish, the more astute amongst us clearly recognise the huge potential upside here and that the bod are playing their hand very skillfully.
My view is that the silence relates to the Cornerstone situation due to SOLG wishing to keep their cards close to their chest. I don't think that the resource update by the end of this quarter or the PFS by the end of Q2 will have a significant effect on the sp but the completion of the following 3 activities on the project programme will, i.e. Conditional Finance Package by end of Q2, Fiscal Negotiations by end of Q3 and Off-take Discussions by end of Q4. The BHP restrictions also end during this period and Cornerstone's time is up at the end, all factors combined giving the sp a massive boost imo.
Hey BN.C, no problem...... respect to you for admitting a misinterpretation, something only the good guys will do!!! To be fair, it's simplistic and not presented with great clarity but I do happen to have used bar chart programmes all my working life. Anyway, as I've said before, only time will tell if it all happens as programmed. Cheers and gla :-)
Thanks BN.C, much appreciated. I just think we are interpreting the division between the end of Q1 and beginning of Q2 on the timeline differently. Only time will tell really. Cheers :-)
My interpretation is taken purely from the bar cart, i.e. Rapid Development Timetable on page 16 of the presentation, BN.C. I don't see a histogram in the presentation, is it published elsewhere?
It all remains to be seen of course but the timetable included within the presentation indicates, imo, Alpala Resource Update by the end of Q1 at the latest, just as the PEA is shown completed by the end of Q2 2019 but actually announced 20 May 2019.
I can see no reference anywhere to April/May. The timetable included in the latest presentation indicates mid Q1 i.e. sometime in February. If you are going to categorically state April/May, please provide precise references for the source.
I agree KB, Dragon was one of my best investments too. Sp potential here is huge depending on the route taken, many twists and turns yet to come imo. I'm just going to enjoy the ride.
All right, but apart from the sanitation, the medicine, education, wine, public order, irrigation, roads, the fresh-water system, and public health, what have the Romans ever done for us?
TNM Miner Of The Year. He has been an executive and investor in the junior resource sector at all levels for more than 30years and in that time has been instrumental in the delivery of major resource projects resulting in nine corporate transactions, delivering over $5billion to shareholders.