RE: YouTube22 Feb 2022 17:08
Great post from profitbag hence posting again.
Good interview, here are my take aways:
- “from inferred to indicated”, this is indeed an important step within the DFS , a target i look forward to achieving within our resource statement
- 3:24 “from a geological perspective, a fair amount of DD work has already been completed,”, to me this is big, means we are closer than i previously thought
- 3:56 “focus is more on how much bigger and further this thing can go to instead of a few bore holes results” and he continues with “the important thing is that the full size and potential of this thing is better understood , this is very big to me, sounds like investors are now fully aware of the qualities our EPO holds and are now more concerned with the quantities that may be available. Again, one step closer than i thought
- 4:24 “the issues and due diligence that are undergoing are much more of an accounting and legal nature”, another confirmation that a deal is closer than i thought as the big themes have been agreed on already perhaps, its the fine print and legalities that are always last to be ironed out
- 7:20 “rubidium, there may be an interest from some of the people we are talking to”, basically they have been adding Rb results just to appease that buyer/s. We know Ganfeng deals with Rubidium, but is there really noone else that does among the “big players”? Hopefully as others mentioned, a non chinese buyer may be interested to sell it to Ganfeng, fingers crossed from a personal point of view
So overall I am happy, this solidified my convictions and investment plan even more, we are one or two steps further than i imagined, March and April should reveal much more so lots to look forward to.