Market (WORLD) conditions suggest this won't be mined quickly. Chris knows this, he can't just hang around waiting. His resignation says we are selling, not mining. With what's going on in the world no one can travel, and who'd want to go into Africa at this point in time. F&#K of course he's resigned, who wouldn't. This wasn't the plan, yet here we are.
So we're for sale. How much ? Some % of NPV calculated in up coming DFS. (Not $25 million.)
When ? Nobody knows.
All markets are competitive, no entity wants their competitors to get a bargain, and no entity wants to over pay.
We have a valuable saleable asset. You don't need to cry. It's not a great situation, but all is not lost.
It may be, but that was always the case.
GLTA
- Forums
- ASX - By Stock
- Ann: Board Restructure and Cost Savings
Market (WORLD) conditions suggest this won't be mined quickly....
-
- There are more pages in this discussion • 76 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online