abu - potential not possible?, page-11

  1. 1,195 Posts.
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    No Askari, Whilst most of us like to believe that there will be no impediments in the granting of the ML, believe me there are no 100% guarantees. Yes in my 50 + years experience in dealing with tenement licenses it has progressively become more difficult and more demanding on the applicant to be granted a tenement or a license. A corollary that because there are other tenements that were already granted in that part of an isolated flat featureless desert and the granting of this license will follow does not necessarily hold true. ABU appears to have enjoyed encouragement and co-operation from the native holders of that part of the world, but the greenies haven't put their two bob's worth yet. Lets hope they don't throw a spanner in the proceedings because that could delay the grant for many months or for a year or two. And, as I say in most of my posts, ABM is a very responsible highly professional company with ore-bodies that are second to non. However, for major solid gains to investors, it is a long term play and from what I gather from your post, you do have youth on your side with many good years ahead of you. Patience dear poster and cheers.

    Cheers,

    helmenesh
 
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