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there is a pulse !, page-9

  1. 8,088 Posts.
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    "however we have not heard anything from JK or RAU."

    Well what would you like to hear ? Or expect to hear ?

    And we have had announcements:
    In February we had announcments on 12th,15th, 23rd, and 24th. All of which were substantial announcements and indicating important steps forward.

    In March we have had 7 items released to the ASX with probably the most important items being the 9th (BRR), the 26th (another BRR) and also 26th an announcement on an update to financing Amayapampa.

    Now, even if no other announcement is made before the end of the month, there will certainly be the March Quarterly Report due by the end of April.

    I mean it is difficult to announce anything substantial about the FNQ situation when it has been out of action with the wet season. But I would expect that soon something can be announced about what is happening and what progress is being made on getting drilling started again.
    I would expect that RAU will want to be in a position to announce some positive moves on that front over the next month.

    Similarly with Amayapampa. There will be things going on behind the scenes at the moment that could see an announcement or perhaps several over the weeks to come.

    I am sure that JK and the RAU team will be trying their best to get as many things into place that they can humanly achieve over the coming weeks in an endeavour to show that RAU warrants a higher share price so that the June 2010 Options get over the line.

    I would hope that we will see announcements that make it clear that RAU is well and truly on track to getting into production.
    Of course they can only do what is humanly possible in the time frame available now.
    If the share price can not be lifted to encourage people to convert their June 2010 options then so be it.
    But the projects will happen eventually...if they can get everything in place.
    I'm sure they wish things moved quicker.
 
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