Should be hearing something.....From the company VERY soon! Judging from the trading, which isn't the ONLY indicator of possible upcoming material events btw, we should be getting an update from the company on two very important fronts. Which are the following, the status of the court proceedings with regards to the Haib asset & a possible additional asset acquisition. I personally expect an update on both, but eagerly await for ANYTHING on the latter.
Imo, the court case around the Namibian property will take a VERY long time and i expect the corrupt Namibian Gov't to put up all kinds of obstacles to try to delay & extend the case as long as possible in the hopes Deep South give up & abandon the asset. As the odds are very low DSM mgmt give in so easily, this will go on for a quite a while, maybe years if the Namibian Ministry of Mines & Energy don't play ball. For this reason, is why i'm very interested whats behind door number 2 and a potential new asset.
I'm not setting my expectations or getting my hopes up too high on this situation, but things are definitely looking better than a few months ago. I'm fairly new on this investment so i really don't have much too lose and everything to gain compared to most s/h whom been here for quite sometime & suffering greatly. But don't despair people, things are looking up and i strongly believe DSM & Mr. Leveille will come through with the goods. The facts strongly support their court case & they have enough cash to get them through the year AND pick up another asset with limited dilution. Hopefully NOT in Namibia or anywhere in or near Africa but in a more stable, reliable jurisdiction where you don't have to constantly look over your shoulders for something coming from left field like it happened here.
I don't agree with everything the company is doing BUT If things go as expected, this could possibly be a 3 or 4 bagger from current levels and a VERY lucrative investment for those willing to take the risk. So expect something from the company very soon and i will definitely comment & give my opnions when they do.
Good luck & God speed