to be honest, there hasn’t really been many positive announcements recently, nothing concrete at least.
There’s a whole bunch of broadening delays though including the PFS, Jaru negotiations and finalisation, mining licence, advanced metallurgy and most importantly off takes. You might think these are all up and coming events which we’re all hanging on our seats to see but these should have been finalised months, perhaps years ago, just flick back through earlier presentations and you’ll see.
I think James and the five directors are really stuck atm, they dropped their guard (was it ever up?) and the company is now priced at sub $10M. The boys have all managed to accumulate a heap of shares via options programme meeting milestones which hold little value to shareholders, not that those are worth much at the minute but there really is little skin in the game here and it shows in share price performance.
five directors, sigh…
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