RE: Our new boy performing tomorrow12 Mar 2018 12:19
What is self control ? I guess I saw the 1.25% I was getting in the bank and thought 'why not' ? Have been sometimes a bit jittery about it since I have to say. When I first invested here we just had our own little bit of Moz mineral sands. Then the JV with Rio announcement came and then we waited over a year before the consortium was born and we could progress again. Not sure why we had a delay of over a year. Now we are awaiting announcement that the PFS is complete and we have 35% of the project. My understanding is that until that announcement is made Rio could, in theory, buy out our share. PFS now been going for 6.5 months and the only thing we know about completion is in that inane phrase 'it will be in the coming months'. Then we have Oman. Mining Q4 2017 became H1 2018 and every day that passes makes H2 2018 more likely. The Omani press seems to be full of articles stating how Oman is the place to come and mine yet we can't seem to progess to a licence even though we are majority owned by Omanis. Then Finland, has obviously been superceded by Portugal, and rightly so, but could we sell our interests in Finland and maybe thereby defer a future fundraise by a couple of months. And now we are fully engaged in Portugal. So yes, I do get jittery sometimes about all our half-completed projects. I have seen so many mining stocks on AIM go on for years and years without achieving anything. Hopefully not the case here but the proof of the pudding is in the actual mining ! (and what would happen if DA and Dale were killed in a plane crash ?).