iShares Core US Aggregate Bond ETF V.AGG

RE:RE:RE:Nov 17th - ANOTHER INFORMATIVE Danny Callow INTERVIEW

[ABDPhil]

@ Goldenfinger79: Danny Callow is indeed a very experienced man. He worked on big projects, for big companies and in various places. But that is not the problem...

I reiterate the fact that he has never been confronted with the difficulties related to the financing of emerging companies such as AGG. This is a new situation for him and I consider that he has always underestimated these difficulties. Even if the Kobada project has interesting economic parameters, it is not necessarily enough to attract capital without making compromises.

Security and political issues are things that need to be taken into consideration, the relatively low gold grade, the incredible amount of call options, ... Therefore, I think it is likely that the team AGG lacks flexibility and they see this project better than it is.

To attract capital, it is not enough to have a good project. It takes THE MOST beautiful project.

Now, I have the impression that the AGG team is devastated by this situation and that the financing conditions will continue to deteriorate.

Finally, I insist on the fact that Mr. Callow is not the only one involved. Decidedly, he was also very badly advised.