RE:RE:knowing that a major financing is right around the corner...first of all, this isnt going to become a cash flowing endeavor until thge mine gets built...and the mine isnt getting built until i gets financed, and thats for both members of the JV, MPV and Anglo, So, financing is crucial. To me, its the most crucial spaect of all the news flow aniticpated this year. Permiting is key, obviously, but, Debeers and MPV have neenm working with the local authorities for YEARS and YEARS in many different capacities (Gacho KUE, Snap Lake, Victoria, etc., etc.) You dont think they know the current mindset of the locals? Of course they do, and permitting outcomes arent really considered an unknown at this level of intimacy. So consider the decision on permitting an already known unknown. Do you think they would be spending money on drilling Tuzo if there want going to be an operating mine? Its really that simple. So, everybody and their mother knew that this project gets permitted and mined. After 14 years of exploration, delays, EIA's, come on,man.
Now, as to the stock price. Today we learned that permitting was already built in, as I strongly suspected. U think the stock price went from 3.25 to 5.50 for noithing? That rally was the permitting and Tuzo resource expansion rally. The next rally will be the Apres Financing rally. And of course, we had to wait for the formal permitting decision to gat any financing decision. Sonow we wait and anticipate the JV nailing down the financing. And the terms of that financing will be important. And MPV's leverage will be greater once they have their financing in hand. By leverage, I mean their ability to potentially sell their share to Anglo-ifg that'sthe way it goes. Who knows. But having their financing in place makes their dealhand stronger. So I expect the stock to rise into an announcement of a financing, hopefully. That is not a given, but rather a hope. Anything can happen. But taking this stock up in any significant manner before they have the money in hand (or before somebody knows they have a good deal), makes no sense. Who would be the buyer? retail? retail isnt involved here too much. We need some institutions to drive this up and sustain it-and they wont buy until its financed-or until they know its financed.