Heads or tails ?26 Jun 2018 20:28
Now the way that I see things is this.
As we know news is nonexistent,I also have been in touch in the last few days with Carmaco and to be honest their reply is laughable, so I won’t trouble them again. As a long standing shareholder and part owner of the company I find this a sad situation..
The reason for no news, two possible reasons.
1. KN1 has died and dried up and so has the income.
We can’t find a drill or unable to pay for it as we are no longer credit worthy.
The Tanzanian government are running rings around us,and the whole thing is crumbling.
2. We are on the verge of a cove stile take over.
A deal has been struck with the government that is ground breaking and will be announced shortly.
I no longer know which of the above is closer to the final out come and am holding on by the skin of my two front teeth. When/if the time comes to make a decent return I shall be the forerunner up the hills.
Beauty full weather over here,the mountains and lakes of Killarney are stunning.