Lol. So that post is ok?
Says it all really.
Lets do some research on timeframes:
Manemia:
Drilling commenced in November 2017 (!), with initial holes completed in April and results scheduled for May.
They then double down in March Quarterly and say initial samples have been dispatched to ALS Joburg results still due in May.
5 months later we finally get an update saying results have been delayed due to processing delays.
Adidi Kanga:
Initial Acquisition Announced on 22 Dec 2017
DD Period Closes on 15 January
10 Months later we are still waiting on formalization of the JV
Last Update said expected to finalise Mid Nov
Nzuri and Kibali Sout:
Initial Acquisition Announced on 7 Dec 2017
DD Finalised 26th Feb 2018
Now waiting on Final Legal sign off and formalization - 9 months later nothing has been announced outside of ASX Mandated Quarterlies.
Last update said expected to Finalise in Sept Quarter
I think we can all agree that Management will be guided and hamstrung by their lawyers with regards to the Legal side of things and delays can be expected with these things generally taking longer then expected (note I have not complained about the time these have taken - merely commented on the lack of 'official' asx updates)
I also notice in your 'researched' post that you say the company is fully funded and a CR will not be necessary... how exactly are they funding the costs for the Manemia Drilling + Nzuri and Kibali Acquistions (USD$350k + US$7.50 per JORC ounce - actual payment schedule not released) as it will not be covered under the USD$35 mil debt agreement as that is for Adini Kanga. Also note that getting a loan at 10% interest rate then converting these to shares still counts as a CR.
Now on Management:
JB 'The Robot' - A Brief History you wont see on Linkedin.
CCC - Delisted - Shareholders lost it all.
CTR - Suspended for years - relisted by reverse takeover - Pre-Existing Shareholders lost it all
BMZ - Suspended - relisted by reverse takeover - Pre-existing shareholders lost it all
KAB - Delisted - Shareholders lost it all.
