i expected a delay,
the question is now, do they release the study with the tax, or without it?
I mean, shareholders will want to know, just what glimse of bluesky remains?
And that is the real problem for investment in the junior sector.
Investors back an explorer/ development play, because they can factor the 5-10 bagger opportunity over a 3-5 year phase,,,worth their risk.
And we know, that not all of these pass their technical risks,,,so there needs to be that upside to go anywhere.
With this tax,,,,the who crux of the problem, is WHY would an investor back an aussie play, if its now 40% goverment owned??
Why would an ivestor back the aussie project, for half of their profit, when an o/s stock still has the sky without a cloud to be seen for miles.
Maybe, AD should just focus on the african asset.
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