Big Daniel, sorry to hear the new and it is only natural to...

First 380 Last

Share
Profile

Follow
Neuchatel

116 Posts.

91

04/10/20

22:58

Post #: 47844947
Share

Originally posted by BigDaniel: ↑

Hi UK, hope you had a great weekend.

I know everyone wants to hear that it's critical for Jinan to ensure the Dam is completed before wet season...I'm no expert but my observation is they are certainly keen for this to happen judging by the release to it's own shareholders..However I'm sure that this is a long term investment & whilst there is a shortage of Chinese domestic expandable graphite I'd imagine it's not the end of the world if this does not happen.

This been said I still think financing is not very far away...I would not be desperately looking at everyday though for it to drop..If TONOD was an influence than great, however I think it's a little naive to expect it to drop the day, or week straight after their expiry date.

I believe it's a local contractor performing the bulk earthworks contract so hopefully the mobilisation of MCC is not yet a huge logistical problem. Hopefully the easing of Mozambique restrictions is enough to allow that significant step of the bulk earthworks commencing any time now.

Bottom line for me is I can't see Jinan walking away, I believe the project was a green light the moment they signed on as 34% stakeholders. Covid 19 has certainly thrown a spanner in the works, patience is the likely remedy.

Some will choose to remain patient, others won't...Understandable...I don't have a magic crystal ball & can only take responsibility for my own investment...I'll continue to hold.

It's only money after all UK... Pretty much got diagnosed with cancer Friday morning..Won't know the extent of it until Peter Mac cancer hospital get me in for assessment but it's certainly a reminder of what's important & what's not..Very treatable so fingers crossed everything goes well.

Hopefully Triton gives us some good news this week all said..Take care.

Expand

Big Daniel, sorry to hear the new and it is only natural to think of the worth case cenario, Ton his a good example of this to date!
Today lots of people beat the bad big C, so I wish you all the best, keep you chin up and you will come out of this tunnel hopefully with a smile like my wife did 11 years ago and she is still here with us today!

TON Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply