Hello @Pezz69 I would invite you more fully to express your thoughts on the topic given: (a) I am sure that many of us (including me) appreciate your commentary in this forum; and (b) respectful exchange of ideas is what this place is all about, in my view anyway.
Not sure how many "rose coloured glasses" are being worn, and as I alluded to earlier there are undoubtedly both pros and cons arising from today's announcements on any reasoned assessment. To flick through but a few examples quickly, in my opinion only:
- 100% ownership of Great White and NNT in ADN = positive.
- Side-stepping legal complexity and hurdles arising from ongoing joint venture arrangement = positive.
- Giving MEP $4 million from ADN's coffers (being funds from the capital raise which caused ADN holders to be diluted, not MEP) = negative.
- Further delays in release of the DFS (irrespective of reasons) = negative.
In my view, everyone needs to make their own assessment and balance the competing factors as against: (a) their investment outlook and timeline; (b) their risk tolerance.
However, I will say that I agree with you in voicing concerns about people "in the know" (some of whom may or may not have circulated in this forum at times). Very disappointing for all shareholders if that is the case.
The upcoming AGM remains an important event for all shareholders.
Very best to all.
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