RE: Because its not easy9 Dec 2025 11:54
Rmc
This is my gripe also.
You are correct the news in October and since should see the sp if not rising then holding around .10 levels but with more delays, no firm dates, still no finance agreement in place and no clarity on on time schedule going forward this will drift back to .05 by January. With more warrants to come no doubt, as inferred yesterday,which will generate income but will be another drain on any rise in the sp.
The primary concern for any investor is " how is the share price doing" and "Am I losing money" not all the fluff surrounding copper price which quite frankly is irrelevant to a Company not digging any up!!!
I also remember the quotes " we will be mining in 2025" from various sources on this board which I said at the time was twaddle!!! Of course it was anyone could see that.
I also said the meeting would be a complete waste of time if no news was released prior to it to inform us that various important matters had been signed off and everything apart from a licence renewal was now ready to roll. What do we hear instead, oh the financier still hasn't completed their due diligence FFS!!! Which points us in the direction that they are no big fish? That's for sure?
If it were to be a large institution or mining operator this would have been sorted by now and not being dragged on in an amateurish way as this is now heading. All that guff also about the " financier doesn't want to be named" FFS!!!
As I also say I dont believe we will hear much now before March, Namibia is shut down now until the NY and it will take 2/3 months for things to be picked up again and agreements signed.
Sorry for the downbeat summary, however I am correct and will be proved so come March.
Thanks to the attendees of the meeting in particular Pricey, however I feel you were dragged there under false pretences as there was absolutely nothing new to discuss.
Mr T