the burundi deal, page-25

Thanks again Flats.

In the dark - and making unsupported assumptions --

The recent meeting in Burundi may well have been - as rumour has it - an effort by AGY and potential JV partner to convince the Government that AGY should be permitted to work towards development of the resource.

However just as It has been argued that obtaining a JV partner and agreement is far from being an "overnight" exercise, obtaining endorsement from the Burundi government is also likely to be difficult and protracted.

A decision on this matter may take an inordinate amount of time.
Or not?

Do not have any concept of the capability or nature of the Burundi Government but assuming inexperience, need for all parties of the Government to be fully informed, the need for a proper process in making the decision, etc --- the final decision on a complex and unprecedented matter will take time.

Imagine the same situation - even - in most developed countries and the difficulty and time consuming process that often delays an effort to develop a resource!

Would be very helpful if any agent or person could quiz AGY management and get the gist of what is happening.

As Flats indicated the share price action over the previous weeks indicates much confidence.

Also the amount of money being poured into AGY suggests institutional investors or institutional players are confident there will be a positive outcome.
Unless "churning" is an overwhelming factor in the market to such an extent that the amount seemingly being poured into the market is misleading.