Bravo, Kiwi, a fine rousing recital, but those who are nervous and who don't mind taking a heavy loss will still sell out in ever greater numbers the longer the wait for approval goes on. If I cast my mind back six months I recall being almost a lone voice in predicting that construction may not commence until May, 2020, with first sales Jan, 2021. Then, most were convinced we'd be underway this year and shipping concentrate in H1 2020. Now, with six weeks to the Christmas shut-down, does anyone seriously believe construction will commence this year? Will the MMP be approved within the next three weeks? None of this would matter if the Yahua deal didn't specify a 31st Dec. deadline for FID, which I presume won't be possible without approval and funding solution in place. Perhaps it'd be wise for management to try to renegotiate the Yahua deal now to gain an extension date at somewhat reduced terms rather than letting the date elapse and then having to accept whatever new terms Yahua might offer. Anyway, it's certainly understandable why we can't get the SP up at present. Any smart investor would surely sit back with cash firmly in pocket awaiting developments. If the MC seems low now it could easily be 25% lower in December. I don't totally discount the possibility of drilling announcements setting up a SP run but they'd have to be spectacular. Back in February a psychic medium told me to be patient here and that he saw a SP of 10-12c this year. When the bloody ATO finally issues my JMEI refund I'll invest $100 and go and see the guy again. Either that or turn religious and start praying!
