Genghis ..I hold my hands up re moot point but I was actually replying to Mr008 when he was saying that the MIIF investment was not good for ALL shareholders as it would reduce the equity of shareholders..I just made the comment that we would need to raise to fund our share regardless so if MIIF did not invest we would need to get it from somewhere else not that it would be a problem and I did make the comment it was more about the price /discount
Q ..perhaps you have been right all along and that is why the sp is where it is ..we are going to production and the only way is down !! I am sure a sale would reward more shareholders than trying to go to production
Bit of deju vu with this one ..cut and took my losses when it was clear it was all going tits up with the old management in India and Argentina and thought I would have another go when the story looked promising early on here but it appears to have turned into a right old s*it show with raises and nothing really tangible to demonstrate any real traction in the market..probably not going to sell but written off in my mind
I think it was last year when Mr Koranteng ( or something like that ) who is the ceo of MIIF was talking about investing in gold companies and recently discovered Lithium and putting back revenues and royalties back into mining for Ghanas future generations and mentioned Atlantic by name when he said they were seriously considering a stake and then Len was making his speech this week and pretty much said it was a done deal..just interested to know at what price and how much but come what may will be a great endorsement
To be fair though they are all multi national companies and not one trick ponies and could withstand a setback in one jurisdiction if it happened.
I tend to think the market is just waiting to see if and when the Ghana fund take a position in ALL but more importantly at what price..not that I think the price will affect things too much in the long run but maybe if under current sp then there could be a settling back despite the fact it will be a huge bonus if they come on board
Lol think you need to look at the detail a little bit more closely if you want to compare Kod with ALL ..I am not saying that KOD will not do well but ALL has many advantages from resource size , quality , tonnage production per annum , ownership and a fair bit more ..( and you used the spelling of their in the wrong context )
Also we have clearly demonstrated over the last few years we have lacked direction..probably too many chiefs and all that..I truly believe if we in some way announced we were trying to go to production we would be setting ourselves up for a spectacular fail and I do not believe with those now involved that is ever going to happen..sell the main asset and return to our roots as an explorer ..imo