4.4 quarters of cash puts us mid Feb. No need to panic on cash front just yet. Fact is IF SM doesn't get on ground action before the AGM I will be voting no to everything. We have been very patient. I am more confident it will get done this time round for 2 reasons. 1. Presidential oversight 2. AFTER they met with the president they announced drill programme. They must have either a. A cash guarantee from gov if they failed to get PPSA done in a timely manner b. a guarantee it would be done by x date which allows enough time to drill Musuma at minimum. As I've said ONLY the stupidest CEO in history would announce to the ASX a drill programme without having certainty of where the cash for drilling was coming from.
IF you don't believe the above and you are still holding you are a complete idiot......only out idioted by those saying 3c CR with BUY HELD sentiment.
IVZ Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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