After an email to IK in December I received a lengthy reply discussing in general terms the reasons for delays. ( Im sure others may have received similar)
In summary, extensive negotiations due to a broad JV, and the size of the project ,seem to acknowledge that it was taking more time and resources than the expected "timeline".
Trying to keep management costs down and issues of confidentiality for legal process where also mentioned
I, like you all are waiting with anticipation for some positive news to be released. I think it's human nature to need some reassurance at times..but I also believe in the future of this company.
So in the mean time I, like you all, will try and ride out the communication draught, knowing that IK will inform us all when positive outcomes are achieved
Cheers GKI
MNM Price at posting:
9.1¢ Sentiment: LT Sell Disclosure: Held
