Hey cyw, great reply and in a fighting kind of sprit, this post must have taken you some time.
DCM looks like they are selling off everything worth anything so no real feedback from their side. Looks like a sinking ship held above water by the banks who want to get their hands on some cash before it disintegrates.
The WIM 150 has a 20+ mine life with an upgrade already in the bag and OZC’s only interest is to supply the biggest Zircon concern in China, their mother company! It wouldn’t surprise me if the sale of the WIM 150 is not already pre-agreed, DCM needs to sell and OZC wants it.
APG has sold an appreciating asset that has got legs for a few $ in order to keep the peace and muddle on. It still amazes me how these kind of hypnotic AGM’s reinstate tremendous believe in their many little cheerleaders.
I wish you all the best my friend and only time will tell, I hope you haven’t forfeited your kid’s bed time story to write this essay!
APG Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
