Current SP and any other thoughts, page-2365

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athena

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10/05/19

17:42

Post #: 38511883
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Originally posted by optimistic punter: ↑

Kevin was the man in the know and understood African mentality he didn’t stay long when the new board was appointed in hindsight I’m not surprised.
Looking back although they never announced it, the sacking of the local Mali manager that was the start of their undoing they were running an operation from Perth without any understanding of African Community.

Chris has seen and identified the downfall of the previous mob ... ( I cannot think of a better way of describing them ) he is building a strong relationship with the African community that to his credit is IMO a massive plus and most certainly the way forward.

He will undoubtedly achieve the required mining permit.

The water issue (or the quantity) is obviously something that was not totally understood in the PFS
Chris has identified that and with with the cooperation of the mining officials there’s no doubt they will come to a solution.

The name change is all part of his strategy too, and may I add ... brilliant idea.

In the meantime what’s happening here in Australia ...

As I understand it the drilling cores are here so they are probably further testing to improve the resource and reserve.
And I assume the negotiations with update partners will be taking place here also

It’s coming together it just takes time.

AGM is this month ... should be a cracker

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Now that's impressive, rewriting the Kevin realities. Inventing history. Does nothing change? Whatever faults the former management had, they knew Africa in ways the current team do not. Well, not yet anyway. The AGM will be a cracker if there is an announcement that enough funds are in hand to keep the company going and to actually do something with the resource.

BGS Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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Current SP and any other thoughts, page-2365

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