RE: New Strategy Update6 Apr 2024 13:14
Ashton. Thanks for indirect reply. Previous BOD did anything at all? As far I remember only dropped Dundas. About Disko, Jay is hostage of Kobold.
If I remember back in September they were in the bunker…promised something for December…failed and got kicked.
Am I too far that the strategy was to sell assets and that actually no one want this assets?
Now we have a new BOD complaining about the previous, which is is a dejá vu, and in some time will we have another BOD complaining about the same? This is quite annoying and destructive.
About puts and white dust lines, I don’t care about what any guy does in his free time. But communication is miserable here and is kept at poker table level.
We don’t talk about conspiracy theories anymore. Shareholders (except some) are kept in the dark.
Either this is a long term play for weak hands or just a Titanic sinking slowly into oblivion.
We don’t have any technical updates or any surveys or timelines made public. Nothing.
I’m not being negative. Kobold doesn’t say a word about Disko, has no staff vacancy or jobs for Greenland. Zero chances about Disko drilling. Other assets are giving more revenue and have government support, like Zambia. 2024 drilling is a delusional idea, time to move on. We are in April, this takes months to put in place and the time window in Greenland is May- September. In logistics this is impossible. Period.
The only way out is a royalty process over all assets. Except Chinese, no one showed any interest. Commodities market are waiting for EV implementation. Hybrid technology will prevail and pure EV needs an energy network that does not exist except in Europe, North America, rich Asia and Middle East. 60% of human population does not have at the moment any chance to adopt EV. Not even in the next 10 years. Energy networks do not exist in most Africa , Latin America, most Asia in order to support that.
About Jay…Greenland is a hidden gem. Quite rich. Like northern Canada. Not so easy for field work. But with planning, things can move ahead. Not with JAY. JAY at the moment is an office with some administrative workers, a bunch of licenses and BOD.
Prove me I am wrong. I will be glad to know.
Reality hurts.