I am not sure who you are trying to impress with your absolutism. "Nope". "Fail". "Zero hope". Really, anybody who had an iota of sense would not use absolute language in a situation as fluid as this.
I will answer your questions though.
No, I don't think it will be another five months to completion. In fact, I am willing to say construction will be complete by the end of May. That is just over a month from now. Additionally, I am not sure how it is a 'fail' but given you like scoring your own points I will figure this is a subjective take based on your own opinion. An opinion I do not share.
I have made comparisons with peers and I am concerned sales in Q2 will not occur. That does not mean they won't but I would prefer Altura to be further progressed. If sales do occur they will be late June but according to the latest information and pictures there is an abundance of ground material ready for flotation. Management have generally been pretty good with their timetables. If I was laying odds I would say there is a slightly better than even chance of sales. Your odds seem to be 100% there will be no sale. That essentially means you would offer any odds, say 1000000/1 against a sale? There are plenty on this site who would take that. As I say, your absolutism indicates closed thought.
Yes, 6-9 months of pumping the company as the next producer should be seen as a fail. TAW beat them to it. Point conceded. In fact it was conceded in the previous post. I am unclear why you thought the need to restate it?
If there is a CR I will do due diligence based on the offer and the situation. I am not sure why you would ask such a binary question in such a non-binary field but I suspect your "four legs good, two legs bad" approach to analysis has driven your question.
My words did not, at any time, attempt to twist the figures. I refute that statement.
Good luck to you El Jefe whoever you are. I think you are going to need it.
AJM Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
