Hi Guys
Alot to digest in this announcement with lots of substantial underlying information and new milestones. I see this announcement as a key moment for the business as it adds another path of news flow that will de-risk the business as they meet requirements. For mine the key points where
# Significantly under pins the current share price by forming a solid base for the share price to appreciate
from as milestones are meet
# Secondary path of news flow and milestones
# Existing rail capacity available to aspire 3-4 mt which is a key indicator that the required freight capacity
for the rail is achievable and on the horizon.
# Road/ transport corridors to work alongside with the proposed rail path, indicating that a road approval
to be a precursor to rail approval.
# Feasibility test of the Russian rail transportation corridor and tariff implications
# Improved capacity to address local and governmental issues and processes with the aid of the new board
members and significant share holder
Based on this announcement I believe we will see a steady flow of information/news in the near future
Gl to all holders
Gb
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- Ann: Proposed Early Development of Ovoot with Financing Package
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