We shouldn't lose sight that the company has just achieved a MAJOR milestone.Without the EPC the company was going nowhere. The details in the EPC are very much focused on risk mitigation, which in a big construction project is very sensible IMO.The next hurdle is now receiving a financial package that the company is happy with and this should be relatively straight forward given the financiers have been close to the negotiations with PC and the costs haven't significantly changed. These are major existing shareholders so already have a lot of skin in the game - their interests are aligned with the company's and no major dilution for us either. This will be completed in the new year and not long to wait for the next MAJOR milestone.Once construction commences with millions of $ on offer for an early completion it's in everybody's interest. A move to the main market on LSE will be a huge positive, as will the operator discussions with PowerChina, both which could land anytime.Plenty on offer to attract new buyers of the shares the sell on news and profit takers have dumped in the last day and a half that's for sure!
Keep the faith KP2 tribe sometimes when the water seems murky it's just something underneath stirring the mud.
KP2 Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)