...I wasn't talking about the potential of Caula, I was talking about timing of presenting the case and that can only be done when all the information of JORC and scoping study is at hand and the company's direction is known with the positive information received. I did say in my previous post to rolly that I expected a lift in the SP when the details came out...
(t's not the size of Caula its the quality – you won't get much higher than this anywhere. It will be prime real estate for Mustang for a hold for the present unless someone makes a special offer of course but there will be many who think if the figures carry on stacking up it will be a further strengthening for the company without any pressure to over-react. The SP will respond somewhat to some degree with the graphite figures coming out....)
I was re-iterating what the company has already said that it will be positive hold for the moment and before decision making and implied they would be open things that may be offered on the table.
What anybody says at the moment and what their point of view is, is of interest value and worth taking in. But, at the end of the day we have no idea how well this will be received by the market but it should be a plus as a potential low cost high quality producer. I have been pro Caula all along and in the past Syrah antagonists put up the argument on posts here that Syrah was too big and other companies, didn't have much of a chance as Syrah would overpower them. To counteract these claims we require JORC and scoping study. An argument of course is is the perceived extremely high quality of of Mustang's graphite and the ability to present a low cost mining operation.
The market has reacted to Syrah's attitude of dominance by making it one oif the most shorted stocks on the market which is not helpful to them that's for sure..
Two things I'm saying is, 1/ we need all details of our product and mining term potential and 2/ be in a position to up put another case while we have a high primary focus on our upcoming ruby auctions. It's about timing. It's just a view.
I'm glad I could make you laugh Midland, you probably needed it. I agree with you that someone should start a graphite thread as it would de-clutter things a bit and be a venue to get information on our graphite and rubies isolated and easier to follow as a lot happens shortly. GLAH
