Hey Crimson
Good things come to those who wait. In the meantime, what a chance to stock up!
I'm also watching HAZ at the moment, and they are also near term production with a largish plant in the works. Their shareprice has not been looking that flash either.
I remember this from my time in LYC, where for a very long time increases in the 'basket price' did not translate into any meaningful shareprice action. Then, for some reason, around mid July last year, on no news, the share was off and quadrupled in price in just 5 short months.
I'm planning to pick up some HAZ in the not too distant future, and am also considering adding to my III stock.
All the same, I agree the wait is somewhat frustrating. I think we need news on a number of items now:
1. Production update - when, how, how much?
2. Offtake agreement and capitalisation of the company - my main 'negatives' for the share at the moment. I don't like the prospect of dilution via 'sophisticates' who just end up dumping their shares almost immediately upon issue.
3. Peel gold? All the goldies have run hard, and III still has some in the kitty.
4. Updated investor presentation / production plan. Clearly, the one that was produced last year is now in need of significant revision due to production delays and tungsten price rises.
So, yes, here is my call to management too - what is going on?
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