RE:AGM 2023 Recap Great summary and appreciated the effort you put into this.
Here is my prediction based upon nthe management action and the AGM impressions:
- first I put my money where my mouth is and sold half my shares few weeks back as I was disappointed with the shareholders letter. Unfortunately didn't hit $2 to fully sell. So still a shareholder and have interest here
- Second - they will start tree cutting as said... but it looks like they will pay with cash on hand. Not related to financing.
- Third- Deal is unlikely this summer, I'm again stating that there is a reason for the financing deal delay which we are not told about.
- Fourth- My speculation is resource updates, as simply there is nothing else. All other boxes are checked
- Fifth- was noted drilling results winter which if pushing the deal for next year (if delaying it is resource dependent)
- Last - brace for impact
Market doesn't care what JSL says, they look what he does. Come September and no deal is announced and they say they start tree clearing... oh boy stock will crater.
Is the story here still alive? Sure it is, but no idea why these people are running it to the ground.. don't buy this nonsense about making deals around reduced the pool!! Such a BS as the number of takers is reduced too and the potential of more juniors advancing is increasing.
My sell order from few weeks back covered my costs here so if I lose my other 1/2 will end up with no profit here after holding for 6 years.. at least not like NMX where I lost everything!!
Still a holder, but looking forward to exit this and move on.