AGM & Big News Setup Good evening all,
I concur that based on my due diligence, our friends email, and other factors, that the AGM is most likely indeed the end of September. It would make sense that it falls before October 6th, which would be the cutoff for when the AGM must be.
Further - why would the AGM be put off to near the last day it could legally be? As opposed to having it early-mid summer as LME normally does?
My only conclusion can be that they are using this extra time to finalize something BIG to be announced and subsequently VOTED on by shareholders.
Looking at GBR, a similar situation, and perhaps an inferior amount of gold when factoring LME's huge advantage of it being at/near surface, their buyout was announced approximately 2 months prior to the AGM.
If LME is indeed headed for a buyout, it looks like this is a spectacular setup in terms of stars aligning.
Plus, based on recent media posts on LinkedIn and Facebook, it would appear that these next assay results are really going to be spectacular. They should be ready any day now I imagine, the delays with the assay labs have probably been the cause of why they haven't been press released yet.
Also - why wouldn't the AGM be publicly announced yet, a mere 2 months out, unless they are trying to time it/coordinate it with significant material changing news? All conjecture on my part, but I sure like how this is shaping up. Very bullish and intriguing indeed.
This company has been so well run and managed from the very beginning, there's every reason to believe that Cynthia will get IT done!
Disclosure: I have been invested since 2016. Ive been adding to a core position since 2017. I haven't sold shares in the last 2 years. Only accumulated every chance I got.