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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Comment by arpagon29on Jun 11, 2012 9:16am
207 Views
Post# 19998775

RE: RE: RE: the next results

RE: RE: RE: the next results

Wow, I am surprised by these type of comments...

 

I understand that there was long delays waiting for the vessel a few years back, but this time around I have not seen any delays...

 

What is more important:  that vessel goes on the concession yesterday, or that the vessel goes on the concession when the Corporation has all the information  available to insure a successful sampling program ?

 

AFA has just invested serious funds to do a geophysical program in order to identify the best area were to go and sample, is it not just plain common sense to wait until all the data is analyzed and interpreted before getting the vessel moving ?

 

So since we are not ready to go until the data is processed, what is the issue about IMDH chartering the vessel for a month or two ?

Furthermore, regarding chartering contracts between IMDH and Debeers, I see this as a very positive development, since it insure the vessel will remain in the area available for Charter for many years to come... My biggest fear has always been that IMDH would get tired of having there vessel not working and decided to move on to other things...  So now De Beers give enough work to maintain the vessel there and we get to use it when we need it... The best of both world...

 

There is not lack of good news out there on AFA, what is going on now, is that people are still worried about the closing of the financing, but I am not....   So let hope that we get the news on the finance closing and then the worry worth will be able to go away...

 

 

 

 

 

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