I was going to refrain from making any comments for a while but I figured what the hell. At the moment I am torn between my optimism and my pessimism. I am still proposing to sell come Feb if nothing comes through to make me think otherwise. It's been a long and stressful investment to say the least and at present doesn't look great. But here are some of things we could look forward to if everything pans out , this is my optimistic side coming out. You don't have to agree and that's fine.
1. SJ results continue to improve and we are able to provide a JORC estimate even if only for the first few years.
2. ML for SJ granted
3. Production commences
4. Off take already in place provided we can get a viable JORC
5. We are awarded kolosori back
6. We are granted a ML for kolosori
7. Production commences
8. We already have an off take in place
Again my optimistic side says we will achieve the above , however it's the time frame that is concerning me. If we fail to achieve any of the above especially items 5 on , then it's safe to say we are in a fair bit of bother.
I have always been a staunch Avq supporter but I am also a realist and I have always said there is massive risk still involved but the potential is still there, this hasn't changed , it's people's time frames and patience that has changed including mine.
So we wait and see what Ryan can pull
Out of his bag of tricks. Unlike previous years I have given myself an end date or I will be gone. I rue the missed opportunities that have come and gone whilst my money has been stuck here for all these years. My issue and no one else's , my decision and I live and die by it.
So good luck to all. Those that opt out beforehand , good luck and I don't blame you. Those that stick it out, let's hope we finally have something to smile about because the alternative is not pleasant to think about.
AVQ Price at posting:
14.0¢ Sentiment: None Disclosure: Held