RE: looks like the deadline will be missed glenfarclas,
The problem in my opinion is Mark Brennan. The other problem is the BNDES bank and their stallling. Something is going on in my opinion and I'm usually not wrong - even though most here do not want to hear it.
The fact is I don't think the BNDES Bank, Xstrata or the "big boys" like to share so they're figuring a way to drive the price down and, perhaps then have a "white knight" ride in to the rescue at about
.35 - and we will have gotten screwed. Lure the suckers in with the good story then drive the price down into the dirt, force us out, then they make money. Just my opinion but so far I've been correct about that poxy loan and Mark Brennan's inability to close the loan.
Apparently the latest "new" completion date in end of the year [Q4, 2013] which is nearly 21 months off - I'm betting now that they'll not hit that date. Largo has so many missed dates how can anyone with in their right mind believe a word out of Largo.