For at least the last 18 months, within the company updates, we have constantly been told, talks ongoing, company’s/country’s are interested etc etc, and even recently as per the cap raise funds ‘ near term metal sales agreements ‘, the shorters have been shorting the whole way, they knew what was going on behind the scenes, even after the cap raise when we were being told offtakes are in the near term, shorters continued to short, they know full well what was going on within the company!
Even after we signed the agreement with KCF, which was huge, shorters piled in and have only recently covered their positions, but not all.
Dubbo? If we can’t even get offtake agreements for the KMP good luck getting $2bn for Dubbo in the near term!
Then again, POSCO didn’t travel from Sydney to Dubbo to try the local Steak, so who knows, who knows!
IG is an interesting man, despite the SP collapsing 95% and slowly selling his long held Alkane shares at 50% of what they were worth a few years ago, he continues to have a great smile!
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