The Writing On The WallAs we could see from my last post the activity at the mine site is nothing except necessary maintenance. And that is understandable.
But where is the money needed to do something else on the mine site?
September is soon coming to an end, and we still haven't got any sign from the company if we're going to buy the refinery site. Is that good or bad? We're used to silence from the leadership, but now it's time to speak out to the shareholders. In my opinion another extension would be an extremely bad sign. The company simply has to buy to prove them capable to drive this project forward.
Another thing I've been wondering about is all the NDAs that used to be mentioned in the presentations some time ago. What happened to them? Was it just a fantasy?
What also can be a scenario this autumn is bankruptcy. And then someone else will pick up what's left for a fraction of the real value, and leave all shareholders with nothing. Let's hope not, but unfortunatly that could be a reality.
I think the company owes the shareholders a bit more information on what's really going on.