RE: Its time to make a small sale .....5 Aug 2022 10:48
I’m not disputing your reasoning Judge I get your point ‘chuck us a bone’ kind of thing, after all we are snuffling around starving for news I get that.
However I believe the BOD are not in a position or have anything ‘small’ to sell, from the AGM we know the original buyer is still at the table, from what I know and understand we await the granting of license(s) and we also had confirmation of the JORC update set for November which implies to me a more complex and substantial plan/sale?
So JORC, licenses and then confirmation of buyer?
That’s how I see it, in effect there are no scraps on the table (to buy) I think the BOD are working the full cut hence the time the deliberation and the outstanding caveats required prior to any buyer stumping up the cash?
That’s just my opinion but to me given the company is not stressed financially not sanctioned and already operating a working mine puts them in a very strong position, of course the terrible war has compromised us but these mines are operational for decade period not weeks months years, hence the patient game will endure here IMO.