One of the truest things that Darren said in the presentation was that "he has always been wrong" in his predictions of when events will happen, like when the mining licence will be granted, and when mining in earnest will begin. Now he's not making specific time predictions.
So, as Madonna sings, "time moves so slowly!", long term investors need to maintain the faith and have patience.
There are many exciting events likely to happen for ABU over the next 12 months or so:
the granting of the mining licence,
full on mining beginning,
the prospects of finding additional ounces in identified deposits,
the prospect of finding new Gold deposits
the prospect of joint venture partners making significant discoveries,
the ramping of mining to much higher levels of ore processing, etc.
For those who have the patience and the financial stability to wait for these events to occur, the rewards of a much higher future share price for ABU should make this wait worthwhile.
(Song quote from Madonna, "Hung Up", and unfortunately when investing in mining stocks, often "time moves so slowly" in getting the mining up and running, and for the sp to rise significantly.)
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