Hi Praetor, I concur with your outlook. Given the much delayed schedule IPO won't happen this year unfortunately.
Our China partners and the Africans clearly are taking their time to validate the costings and feasibility before committing finances for the port and rail infrastructure, the region's high grade ore being absolute world class notwithstanding.
The Chinese don't care about Xmas hence when Ding brings home the bacon it could even be even after that. LOL
Being homesick, I'll soon be in the Maghreb among the dunes without internet access in the coming months. Hopefully Ding completes the IPO upon my return.
On this note, I wish you, MWR8, flummoxed a very Merry Xmas LOL....and also to other long suffering holders like Tolate.
Signing off !
ANS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held