RE: Interview18 Sep 2023 08:37
Morning
I agree old Birdy is still sounding very optimistic!!! certainly no change in his views and beliefs here which is encoraging.
Hope Gorob, it appears we have submitted what hopefully will be the final piece of the puzzle to the Authorities, so it appears the licence application has been reviewed and Bezant have been asked to provide further details which they have done. Therefore licence has to be imminent, doesn't it!!
As I say finance is the next hurdle, this appears to be still under discussion vis an SPV, which will negate dilution for the shareholders, to be honest though the way the sp is at the minute will anyone notice? I suspect the finance house will want a share of the asset for stumping up finance and may also want a share of the company! which will involve the issue of stock?
I don't mind it it results in the assets actually going into production and producing revenue, but there is a long way too go yet, although CB intimated in the past it will not take too long to bring the mine to production!
Mankayan, as we thought 2023/2024, so there should be news forthcoming as we are entering Q4 for 2023 and it wont be long before we are in 2024? therefore news within 12 months and the possibility of monetising the asset.
If al of the above comes off!! a big if as we sit here at barely .04p per share, then it will be fascinating to see how high the sp can get?
We will need a good news flow period combining Hope with Mankayan and possibly some movement at Eureka, but as we know the market moves fast when news hits but it must be ongoing, not news one day nothing for 3 months!!!!
The market, particularly AIM is currently is a poor state as CB alludes to, he is correct with that thought, so may as well wait here for this to eventually turnaround, if it does we could, I say could, be onto a winner, still!!!!
Mr t