Hey Sheeza;
As I posted yesterday, its all good mate IMO.
- Vale relationship developing nicely. They are the BHP/Rio Tinto of the Carajas after all.
- Drilling permits in place for iron ore that has the potential to deliver early cash flow.
- Visible copper in some of the cores drilled.
- Acquisitions on track.
Ticks plenty of boxes for a speccy that's for sure. Everything else is a timing difference and $20m in the bank means we have time.
Better announcement than say 'Authorities have declined the drill permit for Trindade Nth i/ore, meaning that Vale has walked away from the relationship. Four drill holes do not have visible copper in the cores.' Lol.
Better yet than no news!
Anyway time will tell. I could be wrong as this is a speculative stock after all. But the clues are there for all to see.
Lol, I a cannot believe management are being criticised for hyping their company. Any of you ever try to raise capital? You have to be an optimist and you have to have a loud voice!
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