Slowly things are normalizingNot sure why there is so much chatter on the reasons why Major investors are quiet, seeming disinterested, or even disengaged.
The Major Partners are not tasked with building Novo into a producer. Nor are they pursuing a takeover of Novo. It is Novo's management that must build up the company.
Any that is exactly what they have been doing unabated. With a good part of the decision making in 2020 occurring over ZOOM meetings across multiple continents.
It was just today for example that Japan and some of its trading partners (including Australia) have agreed to allow travel between themselves.
https://japantoday.com/category/national/corrected-urgent-japan-lowers-travel-advisories-for-china-7-other-countries-taiwan
Investors need to revisit the Novo NRs that have been released over the last 6 months. Remind themselves of the definitive steps that have ransitioned the company from a pure exploration story into an intermediate gold producer.
Constant criticism and doubts about Novo's business plan can be acknowledged , but there can be no denying that rapid execution of its declared mission statement is taking place under abnormally adverse economic conditions. And as an investor that agrees with Novo's potential business proposal, it is exactly this execution I want to see.
As investors, we can expect Novo to be mining and producing significant quantities of gold by Q1 of 2020. I see no reason today on why we should expect otherwise.
As for the size, activities, and behavior of the Major Partners: I consider it all of little consequence at this point. The more quiet they remain , the better.
Novo is moving forward unimpeded . Let's hope it remains that way.
Tx