Hi Digger
Yes, in my book I see lots of positives and I know the permissioning is a fraught process and it certainly is not guided by any company's need to get into production. And on the ITT t/o, yes I agree with you but er I've written about it before - that the management has allowed itself to float off a company and then t/o it suggests fuzzy (polite again) thinking - over a long period. It is however a good move, as you suggest.But the downside is frightening - just when they have bureaucrats counting the hairs around David Archer's nipples for the MARP, much of the board's time is spend on the t/o.
But there is another worry too - financing the mine start up and I suspect, and hope I'm wrong, that that will be a major problem in today's climate. It goes back to the ITT thingo - other companies have had finance in place when their MARPs have been filed - that is another negative imo for the board. And when we add that to the board's attention to the ITT t/o GRRR.
If only two negatives made a positive.
And in deference to all of us holders I think I'll shut up until we a bluer sky. Hanging in there
Cheers all
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