Ann: Diggers and Dealers 2024 Presentation, page-14

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pakkham

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17/08/24

08:06

Post #: 75248558
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Originally posted by copperroad: ↑

A couple of things to consider. The Guinea politicians want the money. RIO and China have teamed up to spend US$27b and its funded. The country has one chance at this. Politicians see this sort of project as a river of gold. They can buy votes, and they can buy boats. This has been going on for years. Every day a new piece of the puzzle gets added to the infrastructure. AMD is going to lock up as many deals as it can along the rail corridor. Flanno was hinting that 3 might be possible. Every project might attract a different development partner. He likes bulks, so i guess another big bulk play might become real at some stage. Once the market sees the first project ticked off, then the others become a more likely outcome. AMD is an investment vehicle for major projects. Its a smart model. People will get bored and leave the stock in the pennies, but I think it's a bottom-draw play for the future. These sorts of commodities will always be in demand. It should be cheaper and quicker to develop these projects over there. No one can hope to get anything done in under 6 years in Oz because of slow top heavy govts. A lot of the really hard work has been done. One of these projects can earn multiple times the current market cap within 2 years. That is after further dilution imo. It would be great to see AMD attract a major steel mill as a cornerstone investor/funder as quickly as possible. He was suggesting people have already approached them. I think these players know what he is like. Flanno is a monster who builds projects quicker than anyone else. Partners want to see that. dyor

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only sweet talking??
where are the drillings progress??
all quit??
flanno is just another corpirate driver??
he get paid ?

AMD Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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