Who knows why he chose to be so vague, although he decided to...

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14/04/19

18:31

Post #: 38134130
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Originally posted by upside_down: ↑

Doesn't sound that great to be honest.

A few red flags:
didn't even know if the MET sample was on the boat or still at port, will take 3 weeks by boat and then 3 months of testing. Said he "hopes" it's on the boat, interesting way of saying it
An engineer has been contracted to just work out what is the gap between the scoping study and a potential DFS, sounds like they don't even know yet what they need for a DFS
Transport route east mentioned they've received quotes for road upgrades, there were no mention of road costs in the scoping study
The only news flow to expect in the near term is a resource upgrade, last time this released there was a small spike in the share price followed by a resumption of the downtrend
On Huayou, called them Sleepers, and said they just bought on market to keep their board seat, no mention of option conversions
Still interviewing for a chairman, it's been many months since Klaus resigned
5+mtpa scoping studies can't be finished until transport information is received from the government, who knows how long that will take

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Who knows why he chose to be so vague, although he decided to open his tight lipped mouth ?

Perhaps, to cultivate a favourable sentiment towards a modest TO offer in the making .

Who knows ... ?

Some people learn faster than others. Even grassroot geologists .
AVZ Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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