Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
We were all at the same meeting, people here what they want to here. I wanted 10p plus, I know I'm not getting it. Fool me once.
Good luck the rest of you, but I'm not believing the BS anymore.
Don't worry there's some more projects in Africa to drill over the next 3 years.
My final conclusion from today, as I'm about to relax for the weekend.
BR, disappointing, but not dead. Its going to need a higher copper price. The new study will come back mid to end sep....(Colins timeline). I think it will be profitable at 4-4.5$LB. Who knows when it will be sold, but I got the impression, Colin was mentioning 24/25 for this copper rise, for that purpose. (I'll go back and check another day).
I'm not expecting a big sale price for BR. Maybe a few pence at most. Let's wait to see the NPV.
Manica will produce between $450k to $800k a month. A few different numbers were thrown around lol. Doesn't mater, non we end up in shareholders pockets. It's going on future pie in the sky, and the boards pockets.
He's looking at two multi bagger projects in Africa, that could be company makers.....they will likely raise for these.
So, I'll buy back in once the new projects been bought and the share price drops to the placing price. Hopefully we will drill, hit massive mineralization and this time I will sell the lot.....before the assays come back.
Learn from your mistakes!!
It's not sanity, it's the hope your looking to cling onto. I'm not going to continue to share my opinion as you all won't like it. I have the whole meeting recorded, so a can go back and clarify anything that is being mis heard or sprouted.
I won't/can't share it, but it's legal to record for personal use.
Mid to end September for new study, if you believe that. He was asking about the decision to mine clause and is basically saying its not certain, you'll end up in court, but don't worry the AA guys are nice chaps and we can come to a deal!!
Really colin? It's business, no friends.
He said they might take a payment or royalty, but what major or mid tier, would buy it with AA having a royalty??
I'm not saying it's dead, I just don't think it will be anytime soon and sold for anywhere near the amount people think.
I'm glad I went, you can read the board like a book. Joel's hand was shaking like a leaf on his vote, don't know why, they new he wasn't being voted out.
I could tell by his face, he's going to raise again.
He said I'm looking at two big projects in Africa, they could be company makers, talking 10 bags....blah,blah,blah. I got the same feeling about BR, that I got with Kelengwa.
I look at the board and think, what a shady bunch of characters. Have absolutely no trust at all!!
I don't, he talking of buying blue sky projects in africa as BR was a disappointment. He said could take to24/25 to get BR sold. He said manica has maybe 4 years but then someone behind said we like to think more like two. With the tax they pay, it doesn't make this company MCAP look cheap at all. Maybe 6 million a year for a few years. Once converted to pound and remove tax....absolute joke.
People at the agm are delusional.