Agree with you TeddyKGB. Another trigger event to consider for this quarter is deployment of Ghana's IMF debt restructure package. In total US$3B approved with first tranche of $600M released this quarter. The country needs to create more revenue dollars as their GDP hasnt performed as well as other years. COVID and inflation (like everybody else) messed them around. Nationalisation of mining assets (according to me) out of the question. Ghana is a consistent top ranked mining jurisdiction for a reason. Top 5 in Africa for 2022 (Fraser Institute). Approving this project makes a lot of sense. Brings diversity to their heavy gold portfolio, exhibits countries progressive mining stance, maintains a top ranked mining jurisdiction and importantly, a new tax dollar source to pay off debt! As the money pours into the system to unlock immediate civil bottlenecks and issues, the mission to create tax dollars to pay off the IMF and other creditors will be well and trully on. Ghana cannot afford not to approve this. Thats really the point I wish to make and i understand i am projecting a scenario. I really think people are underestimating the value of Atlantics Ewoyaa 50% marketing rights. Backing K.Muller all the way. I agree with your comments.
A11 Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
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