nflyby wrote: I was finally able to have a quick conversation with JSL this afternoon.
Sorry I couldn't report to you before now.
First let’s just say that he was kind enough to take the call as he was outside the country.
Our conversation was a short, polite and courteous but at the same time I was direct as to my or yours, dissatisfaction in having no news on whatsoever.
Here is the resume of what came out of our conversation, unfortunately as you will see, not much...
First he said that he understand our frustration about the stock price as they are frustrated themself too. When we talk about supporting the stock, he told me that he is working every day on that matter.
Concerning Primero he understand that there might have been a delay, but it is because of things out of their control (he didn’t want to go into details), but said that everything is going as planned and that there is no problem it will come out shortly (no specific in the timeline)
We discussed about the lithium market. As we all know there has been manipulation in the market going back to the first Morgan Stanley report. It makes it a very difficult market at the present time, but he remains confident that the market will turn around, potentially within the next 6 months.
We talked about permitting, he told me that everything is following its course. As we were told at the AGM, it is out of their hands as to the time it takes, but he reassured me that everything is going well they have fulfill their part and will continue to answer the questions of the government if there is some.
We of course talk about the financing. I could tell by his voice that he would have like to share more on the subject but he just couldn't. He didn’t want to get in any details as to how advance or not they are in the negotiations, if there is one or ten potentials partners, he really couldn’t say anything at all at this time.
I asked him if there is still a chance to get a financing by the end of the year?
He told me that he didn’t want to give a specific time line, but that it was still possible. He didn’t want / couldn’t say anything at all.
I voiced my dissatisfaction as to not having news or update on many things and explained to him how many of us are getting frustrated. Even if he seemed to not appreciated it at first, he nonetheless seemed to understand our points / frustration and mentioned that he will take into account what the shareholders are saying and they will try to come up with something to say to the shareholders in the next week or weeks.
I wish I could say more, but all the important questions on what we all want answers, he just couldn’t say anything.
Feel free to call management, JSL is very responding to talk to any of us, may be some of you will get better answer.
Once again thank you to all that participate to this awsome board!!!!!
Lets stay positive that something good will come shortly.