Report not worth commenting on. No new positive or informative news here. Just same old waffle and spin. Only raises more questions, than it answers. I will be interested in company's June quarter report just to get an idea of company's present liquidity position, as no finance as yet and still looks some months away.
At this time, I am still content to just hold Management to commitments given to shareholders at AGM. They were, plant fully operational, producing gold with no additional capital required other than the $12.5 million anticipated finance by early 2018 year. Early,I take to mean by end of January 2018. Just how they achieve this? I do not give a damn at this stage of proceedings. I am not worried about reported hold ups, delays or any other issues that may arise. Why? Because I believe any competent management team before making such a statement, would at least have to know the exact stage their project has reached and what key objectives need to be achieved and when, to make it all happen. Given our management teams vast experience in the gold mining sector , in particularly how it works in Senegal (with time delays and all), I believe they would not have made such a confident announcement at AGM and been so adamant about it, unless they had performed their own thorough research considering all the present facts and future events prior making their declaration.
For me, I will take their word for it. Not much I can do about it anyway. At present I am just happy sitting here in my seat on the gravy train to El Dorado seeking my fortune, arriving January 2018, but this mood could drastically change for the worst if the train derails or if when I arrive I find myself at the La Brea Tar Pits, California and broke.
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