RE: How “Convenient”18 Jan 2024 16:15
But EBRD just like CEZ did their due diligence....... That means it's a 100% cert according to some on this board.
The price will go down every day because no one is buying and everyone is selling. It's really that simple. The reason everyone is selling is because every day is another day past KCs repeated statements that the DFS would be EARLY Q4 2023 and every day that goes by gets us closer to Q2 2024. And every day that goes by is another day past KCs statement that we would see a offtake before the DFS that should have been Q4 2023.
The price is dropping because those in charge of EMH have consistently lied about what they are doing. They have not completed any of the required tasks they said they would, including completing their bankable feasibility studies, securing offtakers, completing environmental impact studies or even obtaining a licence to mine. This isnt even the first attempt at a DFS. The first attempt EMH tried themselves, then they employed someone who was an expert in DFS' to start again, then they outsources it to company A which they quietly brushed off and now it's on the 4th attempt with Company B who are currently 4 months late from the original timeline we were told. THIS IS WHY THE PRICE IS DROPPING!!!
Which is it? Burying your heads in the sand or plain fekking stupid????