Im not sure why they keep pushing for this US listing .
They seem to think it will bring all sort of riches but heres the thing , if punters wont buy it on the ASX then they sure as shit wont buy it on the Nasdaq , they will prrobably short the hell out of it , getting into these big US markets can be a double edged sword , yes its positive if you list as a company who is mining with solid cashflows , but on the flip side if you list as a struggling spec stock with no cash then it will be a blood bath .
If they wnt to play in the big leagues then they better be very well prepared .
Anyway i reckon its 6 months to a year away before they list on the US markets .
Im not sure if they would even meet the requirements at the present time , they would be better to just focus on getting finance , funding and a mine built first , if they can get offtakes , funding and into construction then the stock will be multples of what its worth now without a Nasdaq listing , and US punters can still buy on the ASX if they really want to .
And yes i agree on these interviews , they are not helping anyone , little off the cuff remarks dropped here and there that raise more questions than answers .
In regards to your comments about them visitng the mine and the ports , maybe they are finalising contracts ? or did thye get estimates in the past for transport costs and now they have to lock in contracts ,? then they can go to investors and show that everything is locked in , mine to rail rail to port , contracts signed and prices locked in ? who knows , im sure theres a lot of moving parts to this , maybe rail and port contracts being signed are a requirement for funding along with offtakes ?
As usual more questions than anwers .all we can do is wait .
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