I also met Ian Whitely on Friday when he was in town after Wildyxxd had wined and dined him and was also left buzzing with excitement. Firstly I mentioned that I had been busily accumulating Energio for a long time whenever I had some spare bucks to which he replied " You are a wise man doing that Immmelman, and you will be richly rewarded." That was a very good start to an interesting chat!
I asked if he thought my estimate of a 4 billion tonne resource was close to the mark and his reply was.. " there is a hell of a lot more there than that!"
Two other comments made which put a very big smile of my face were "Ive never seen Ian Burston so excited about a project" and "Energio are grossly undervalued at current prices". It was a pleasure to catch up with Ian Whitely again and to hear his views on Energio. He is obviously a very astute man.
Wildyxxd is spot on regarding Athan Lekkas being instrumental in getting this fabulous asset and personnel into Energio and he is the reason I invested in Energio in the first place. A top bloke!
Regarding the $30 share price target mentioned by fluffywalden, maybe a touch optimistic but not too far off the mark if Energio doesnt get taken over first before getting into full production.
Bizzo, sorry I didnt read your question about off take agreements before meeting Ian W as he might have known the answer.
And for tomorrow after a weekend of fabulous publicity especially the weekend Australian (even with the typos and wrong tonnage) I would be surprised if we dont crack 30 cents.
A very happy Immmelman.
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