Site Meeting18 Aug 2022 17:32
Though I live in North Wales it would not be difficult for me to attend (I'm not) because I don't think anything will be gained from it. Jo & Co will say all the right words, make all the right noises, give a wonderful presentation etc. but at the end of the day I don't expect much if anything to change. Looking at the SP and the lack of daily trades it would appear that the markets / potential investors aren't interested in AYM and one has to ask the question why. Surely the potential is there it's been survey enough, there's going to be the demand or so we're told so where exactly lies the problem? To hold an asset for over three decades and not develop it makes no business sense whatsoever. Geopolitical / Economic situations are in constant flux but there has always been a market for copper and prices have been relevant to the economics of the time so surely the opportunity for development has arisen previously in the past three decades. One can only conclude that the present / past BOD (though little has changed there) are the problem.
Two years ago I predicted that production would likely start in 2025, that date is looking less likely with every passing day. Please Jo & Co prove me wrong on all counts remove fingers from appropriate orifice and lets have this show on the road. Yes I will continue to hold but as a LTH I have to express my disappointment at the rate of progress.