the burundi deal, page-22

Flats' presentation is valid.
Technically AGY could be ruled out of contention.

One might look at "home" (Western Australia) for such difficulties.

When a small company pegged an area RIO had negligently let lapse the Minister moved in to use his discretion and awarded the lease back to RIO "In the public interest".
An appeal to the Supreme Court? is pending.

Well it appears that The Burundi Government has the capacity to pass the area to a larger entity.
On much more valid grounds than those being challenged in Western Australia.
(actually this would be a reversal of the decision and process as to the RIO example but the example is valid never the less)

Naturally we are loath to accept Flats' proposition.
We are in denial because we are backing this horse (AGY) and as loyal supporters will barrack for it as the finishing line approaches.

Bearing in mind our being loath to accept the possibilities indicated by Flats we must follow our hearts.

The Burundi Government will recognise the need to be thoroughly circumspect.
The Government must not take the risk of scaring off potential investors.
By making dubious decisions now.

To deny AGY entitlements now would not be a reasonable or reasoned approach for such a reason.

Unless of course AGY management can be seen to be acting improperly or are intractable.

Burundi Government needs to encourage and facilitate investment without delay.
To be seen as supportive and as circumspect.
The opening of the floodgate (hopefully) is critical.

Assuming there is no corruption the heart suggests AGY is "a good thing".

The setting up of an office in Burundi is a strong signal.
Then again how would the company be engaged and look responsible if the office was not set up.

So there!
It is not 100% certain that AGY is able to proceed.

However the probability of success is overwhelming.

So we back the AGY horse - barrack for it as it turns into the straight - and keep our fingers crossed.

A gamble!
But with very good odds.

The "bookies" will indicate the odds.
Meaning the share price is the best indicator we may have of potential success - and moves accordingly.