RE:new video interviewThanks for sharing the video eric_a_su.
Listening to the interview it seems that the namibian Ministry of Mines have missed their 29th April deadline to file their defense affidavit. This is after they requested an extension from the original deadline of 22nd April.
It seems to me that if the Namibian MoM had a good defense they would have filed early as a show of strength. The constant delays, request for extensions and missed deadlines makes no sense if they had the evidence to back up their actions to deny renewal of the exploration license.
In my humble opinion, this is looking more and more favourable and the odds have swung well in favour of DSM. If I had more money I would buy more shares especially considering the current share price due to the current market correction.
The only issue for me is how much longer before the judge says enough is enough and it is time to deliver a ruling on the case. I am hopeful that we would have a final decision in no more than 2 months at the absolute latest. Wishful thinking maybe?
Considering the Haib projects potential NPV is approaching CAD$1bn (depending on recovery methods) they just need this one peice of the puzzle to fall into place and this project can really set up the company going forward for the next 10 years.
No doubt there is a lot riding on it but with every time the Nambian MoM delays respnding to the courts the more confident I am feeling about the upcoming judgement.
I am also pleased that Pierre and the team are pusuing projects elsewhere (zambia). It is unusual for a junior explorer to only have one project so diversying themselves without spreading themselves too thin is a good strategy. The Zambia project is obviously only very early stages (taking rock and soil sampes) and would probably take several years before it contributes significantly to the increasing the company's market cap. But nonetheless it is a good strategy regardless of the outcome of the Namibia court case.
Good luck and I am looking forward to the coming month or so as the Nambia court (hopefully) delivers some decisions or provides a final deadline on the case.