RE: RE: Oil...Hi Rob,
Thanks for sharing your thoughts... Just to make it clear; "production in september" means that when we get results for the 25m in september (it is estimated that results should be available arround that time frame), we will know if we have a go to production... which should be the case because the 65m is an indication of it... it is a formalety! Contrary to your thinking.. there's investors with big money waiting just for that I'm sure!
It is estimated that net cash flow should round up to 7M$ yearly when production starts (for Mininco) and 8M$ for the mill and the rest... so pretty good. Remember that we have an open pit. As for the roads... they are already there... Mininco is next in line to production... they are already producers in the region, 4 or 5 if I recall correctly!
As for the stock price... I think the price will stay between 10 cents and 12 cents for a while... meaning I don't beleive the stock is going up before september... before results and of course, confirmation of intrest. On top of it.. it's summer time, but everything is possible... the market in general could go down and bring all stocks with it... or just the opposite could happen... like an oil project maybe?.. maybe 2 oil projects... go figure?
As an investor... I am happy to accumulate at these prices... slowly Surely!!
I would'nt worry about financing... we will know when it is done. But you are right about management.. let's see what they can do.
I hope I was "clearer" ;)