Yes. I have to agree with this. The webcast was a typical case of trying to cover up some bad news with the good...
I still have no worries or doubt with the progression of NH - that has always been the main reason for my investment. The JV etc...also tracking very well.
But - it is now Ancuabe and Shenzhen that does naturally cause a bit of worthy discussion. Brad said how he would be approaching Shenzhen in July to either Stump up or get out... Yet there has been n0 mention what so ever of them in the most recent market update announcement or the webcast...Seeing Shenzhen delayed the DD/extended LOI purely based on Ancuabe, and now Ancuabe isn't exactly looking great... questions need to be answered... Is the previous LOI details with NH remaining intact? Or are they pulling the plug? Or because of the most recent delay in Ancuabe, maybe they generally do want more time to see how it progresses before making a definitive answer.... Whatever the case, it would be nice to be updated.
As I said, still all very positive with the rapid progression at NH - and I guess he said it well by adding Ancuabe would simply be the cherry on top. NH alone is huge, that alone will be significant for TON moving forward... But regardless, I feel we, as investors, should get an update with the Shenzhen front.
I am still very confident with the end game for TON, and in particular, the on schedule DFS due later this year.
Have a great week everyone
