RE: A good watch22 Mar 2024 14:34
Fairish points catchingpigeons, but he has had long enough and the updates are very weak, and we all know many AIM companies that do this, the best ones just go out and do it (like say err KODAL).
going back to the video didnt he say something like we are conservative in the planning but quick in the execution ?
i think i could re-write that for him quite easily. its not as if he even needs regulatory approval to my knowledge, the biggest hold up is usually with African regulation so if this is just andrada and a bunch of bankers assessing bids its taken far too long.
and bidders will not wait forever, they want the resource and usually with anything in life you are only really patient if the item is really unique (ours isnt) and / or you think you are getting a steal. so something doesnt add up for me, UNLESS he is carving up the whole territory to multiple parties for seperate bids but i dont think that is the case because of lack of resource definition in some areas.
That would be the other thing, are the bids awaiting more drill results, in which case sort of fair enough but he should communicate that, but doesnt seem to.