RE: Anglo American agreement countdown14 Oct 2022 20:07
I have asked myself this question Chris and the share price will plummet and I will have lost on my gamble. If AA pull out, they will have a good reason and I don’t believe any other company will finance Alien, due to the hypothetical reason that AA used.
But but but but on a positive note, which I am extremely and I bought more shares recently, I see no reason whatsoever, that the AA deal will not go ahead and within the 60-day period, as I have said before they have been in talks with Bill for months prior to this 60-day agreement and they know who they are getting into bed with and the future deals that are to come.
Both companies are going to benefit enormously from this, but like any deal the clock is ticking, you need to meet deadlines, we need the deal signed, the finance in place, the offtake agreement signed, the haul road built and the first fully loaded wagons on there way.
All this is possible within the first quarter of 23, with strong management, finance and a skilled workforce, that’s what I’m betting on.