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Glad you being more confident about the company now. Lots of news to come over this quarter and once we get 100% and a new JV partner it could be drill drill drill, as Brad would put it.
However we will need some big money and a rights issue to get the other projects running too.
Lots to look forward to and dont think it will be toooo long before we get next rns.
Id be surprised if brad offered them all the money back ie $16m as it was them who have changed tack not us, I think he will offer some cash in future and maybe a part of the asset 10% or better still 5%. Once Anza is proved it will be worth alotmore than todays value he may just get a resource on one or two of the sights first then offer them a percentage. Its all guess work from us but one thing for sure we gunna get alot more info from now on and as we get 100% back it will be rns on everything to get the share price up. Who knows maybe Agnico may buy some shares in us or just take a stake.
All guess work.
Only time will tell.
dont worry as soon as we officially get anza back brad will crow like a proud ****erill and have lots of info to share with his merry band of shareholders. he will want to share as much info as possible to get that share price as high as he can before issuing shares. thats for sure. he should have a few years of info to tell us that newmount wanted him to keep stuck about.
we will get all info on all sites.
Good interview from Brad open and honest looks as though its only a matter of time before we get back 100% but it looks as though theres a cost long term which i cant see why as Newmont been messing us around for last 12 months and they have not complete phase 2 so they should be paying us.
At least we know where we are. Think also that Agnico may come back to us but we dont know, think brad will want a new partner if possible. Also looks as though government a bit more understanding to mining companies.
Hi bhargav only made one purchase of late was wanting to buy some more soon. Ive been renovating the house I bought so spent all my spare cash on that rewire plastering new kitchen new bathroom new doors next thing bathroom and finishing rewire. so not had any spare cash. been buying another stock too.
Same old Vast resources another month another rights issue. Since I was invested here a few years ago they must have had in last 5 years 25 rights issues. When I first bought there were 5billion shares in issue then went to 25billion then consolidated to around 500m and now theres about 5billion.
I just dont know how he CEO gets away with it all jam tomorrow.
Whats your back ground you sound as though you understand legal terms better than us lay man. I would have thought that they have not proceeded to phase to ie drawn up a new company so the asset should be returned to omi who already hold it. The board have given enough time to sort things out. What $14m dollars to 2 of worlds biggest mining companies. Like me having some pocket change. They been sitting on this for almost 18 months and notes happened. They should give us some cash for messing us about.
I agree with your thought. They have not held up their agreement in phase 2 so should just hand it back. But these big companies dont give away anything for nothing. They have lead us and are still doing down the garden path. They deserve jack nothing and it is us who should be compensated for lost time in project. Any decent company would but not newmont thats why they are the biggest badest company in town.
Looking more and more like i said they are waiting for Newmont to approve all legal stuff before announcing, these big companies move slow thats why its taking sooo long to announce what they have agreed.
I said a month to 6 weeks. We shall see.