re: Ann: 'Hard Rock' Project - Enviro... Darrlye,
Yes you, I, Management & Mitsubishi and other off takers believe Mt Carbine has potential.
Management have done a good job selling the benefits of Mt Carbine to Mitsubishi and other key cornerstone investors. Also the new CFO has applied for the R & D rebate $$$.
I believe the timing of the SPP was disappointing.
Management thank goodness have cemented relationship with the above but have lost the confidence of Shareholders. In defense this is typical with all small caps in the after the GFC, also the previous managements high expectation of the tailing plant disappointments have understandably destroyed shareholders enthusiasm.
Clearly Mitsubishi are proactively driving CNQ with $$ design and construction and per the critical path we will see long lead time items ordered in the next month.
There will be a point when Broker presentations will move CNQ but I don’t see it just yet. (Underwritten Next SPP. Timing)
I am looking forward to the Share price growing, as financing is clarified government approvals are granted and the direction is cemented.
Mitsubishi are not fools.
Please DYOR
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