RE:RE:RE:AGM back onUnfortunately for those of us fed up with 18 years of negotiations and limited results while management runs a non-business, and we pay for it, it looks like the AGM is just regular business. Poster Thasis called and I take his quote of Mr. Scott at face value - don't read too much into the AGM date change.
But you still have to believe that Rio and 5he Mongolians want ETG removed from the picture and the ONLY question is the net price to paid for the 83% of the shares not owned already. The 34% issues are Rio-Mongolian issues. Yes, there may be some adjustment to the ETG price if Rio foresees having to give up a portion to Mongolia at no price or a reduced price.
We have two burners lit and heating the ETG pot these days ... metals prices rising, and exploration on the JV moving forward (albeit slowly and not apparently directed at the most obvious first target of interest to us - HNE Lift 2 from 625mN to 1300mN. Which, if proven to be a relatively similar continuation of the HNE high grade ore body would boost the reserves and value of the JV substantially.
So time spent watching while Rio drags its feet on the obvious next move is profitable time for now. The share price can't help but respond to diminished time to HNE Lift 1 production and higher copper and gold prices. Our value might be understated but even the understatement is going up, and the real value even more!
cg