Other thing too remember this went up yesterday after news after suspension so there lots of different factors, profit taking, investors loss of confidence, brexit, oil price etc etc
If you read the Interims carefully the convertible loan were converted and shares to hit market from 01 October so guess seller is off loading although he must be nearly finished, the company have a good pipe line of products and in good countries and revenue soon also lots of news to come, should read Interims to refresh your memory also the directors have quite a bit of company so will havelock wait and see.
Because they have no faith and took there money and run, this death or glory stock buy and keep it or don't bother and try find something else, if they land Mt license it's big big, heres to waiting.
I would say the options are bullish statement especially the short period to exercise, just seems like it's all setup for the Mt license in November also directors buying there own company shares and before you shoot me down the directors are also taking shares for work, also bullish
Looking at time comparison for approval for Wk and Kun-Manie it seems the more complex the mining operation the longer for approval so the question is, is . Kun-Manie more complex mining than Mt two open pits, I don't know anything about. Kun-Manie mining so maybe TDT could fill in the gaps as you have been involved in that operation
Just for the sake of it.cause it will not make any difference really as each company or mine approval are unique in there own right but going compare time lines to other Russia mine approvals that I know about as listed below.
Kun-Manie - Amc - MNR passed to DM office
08-12-14 final approval recieved 22-05-15
(approx)5 months 2 weeks
Wk - eua - MNR passed to DM office 24-06-15 final approval recieved 08-07-15
(approx)3 weeks
Mt - eua - MNR passed to DM office 11-07-18
Awaiting final approval
(approx)3months 3 weeks and counting
He waits… That’s what he does… And I’ll tell you what; tick followed tock followed tick followed tock followed tick’
Ahab says “I don’t care who you are, here’s to your dream”. The old sailors return to the bar.’
“Here’s to you, Ahab” and the phat drummer hit the beat with all his heart’
Here's to waiting