RE:RE:RE:RE:level 2Fine, assuming you are not the same person, maybe a very small fraction of shareholders are complaning.
Why didn't any of those shareholders raise a question at the AGM?
On a side note:
- M&I resource of 43 Mt ore at 24.6% Mg (43% MgO ) grade based on drilling 0.6 km2 of the 7.5 km2 discovery area implies a world class asset.
From my calculation, 8% of the property contains $5B to $21B of resources (depending if you use $500 to $2000 per ton). Again, that's only 8% of the property and it excludes any gold potential.
Getting a mine to production is a very difficult task and since it takes around 15 years to accomplish, very few people did it before and delays are to be expected. Considering the value in the ground and how trendy this "green" project is, it's only a question of when in my opinion.
Communication to shareholders could defenitely be better, but I have no doubt that Frank and the team are working hard for the big price. Thinking that they are purposely dragging things to collect the annual salary just doesn't make sense when they own about 37% of the shares. $5 to $10 per share would give them hundreds of millions vs. currently a couple hundreds thousands per year.
If one is looking for very precise timelines, better stick with blue chips.
MoneyK