RE: Feasibility study18 Sep 2024 14:26
They won't release it next week, end of. Will maybe see when ML given, which is a cert. For now surely the below statement is good enough, it is for me, it shouts out in your face! Ahem "demonstrate".....
"The details of the feasibility study outline and demonstrate a commercial development plan in southern Rukwa."
Even for here some total bs being written and that is besides the multitudes of green boxes I can't read. Notice "Herbie" being mentioned a lot. It has been around long time in various guises.
I don't think he is paid boiler house just a person of very low self esteem and needs attention which others give him here so he self justifies to himself that he is worth something. Sad really that's what his/their life is all about, few others like him around ahem Wolfie...
I have read few posts referring to Bluestar and how we "must" be in trouble and that was the back up plan. Sheer and utter rot! I wasn't a fan of the timing but the deal is very sound and they took it when they had a chance. For those buffoons who obviously know nothing about business (probably as only done burger flipping) you ALWAYS look for chances to expand your business, to stand still is to die. A bargain is a bargain at any time, we certainly got one with BlueStar! It shows the ambition of the BOD to grow the company. Think they learnt from timing of RNS though.
It is obvious to me the company continue to look at/for other licences/opportunities which is fine by me. Could take other Blue Star licences and who knows in States not inconceivable with the rise of Helium a separate take over?
So we know the TG very supported of getting more investment and mining going in country after years of mismanagement. I think we have very good relations with them and wouldn't be surprised if ML came through in double quick time. What this company has done over last year is extraordinarily quick! Mining is notoriously slow! To get DFS/Environmental done in time to get ML in is impressive indeed. I certainly expect quite an early Xmas present and many could get caught out.
SP dropping is imo due mainly to traders moving on realising/thinking ML few months away so time to play elsewhere. Plus of course you got the typical scared PI newbies who run for the hills when an SP drops hence accelerating it. They nearly always lose money........add to the pot the loons, trolls, demented etc who just get perverse pleasure from winding up the weak and you got it...........
It has been ALL good news so far. Folk demanding figures etc simply prove how little they know about the processes involved. Do they realise how man times "we are entitled to know as shareholders" has been whined on these bb's over the years? Well the old saying if I had a penny.................Every RNS is gone over with a fine tooth comb by the BOD, advisors, NOMAD, and sure TG know as well. Yet self entitled, ill informed, probably under water, scream of entitlements, give me strength! GL INVESTORS