RE: Congo12 Apr 2018 18:10
Zumore
you say the mkt will not like, but the deal for the cobalt asset was signed last year, it would have gone through then, but RRR wanted to do DD on the cobalt. Remember cobalt is selling for near $90k per ton, back when the deal was agreed cobalt was trading at $60k per ton, so the commodity as increased by 50% since.
Im not yearning for the cobalt deal, its value additive for an already discounted company. Hopefully sometime this month Steelmin will also be in production.
I wasnt here in the past, yes some bad deals have been done but now some good deals are being done. Commodity cycle is up so now we will yield the results.
No one can whinge when jms list next week we will have price for our shares.
Dont forget the migori gold asset which was stolen from us this will hopefully be returned.