RE: Of interest..9 Oct 2023 07:18
Thanks pal, they say it should be underway within 3 months, so I’ve planned that to happen before year end, I’d like to think that we would also have the RTO almost completed before year end too. The share seem to have taken a serious bashing for no particular reason and it always frustrate me when is see trades for 63 shares or similar which surely can’t be real trades, why give the cash we have the share is so low, we should be at best cash to share allocation price as a min and that’s without taking into account the massive tax we can claim back too.
The new directors haven’t come along to just wrap up the company, they clearly knew where it could go and have jumped in with both feet at the start, these guys could earn some serious wealth from this if it all goes to plan.
Where TZM are with pathfinder and the BIT remains a mystery, there’s no noises coming from them that they are willing to listen or indeed are or aren’t bothered , I thought that once the sale had gone through they may pick up the phone and suggest a get together to be rid of any impending claim. I can’t see how the claim can’t win with the UK court decision which is far more credible than the Fraud and back hander court process in Moz, even their own government know its rife is corruption with the courts and in the country yet allow it happen? It will never been clean and surely puts off people to invest in the country which needs it more than ever and they have mineral sands now which are probably the most sort after in years.