Well clearly the meat is in RD.........400mt @ 1.67% and growing, open in all directions.
it was mentioned by one of the posters earlier in the thread that mica content was higher in cdl and therefore rdl was preferred. cant recall who said it or how far back.
Isn't democracy a beautiful thing
Got a link to that ?
"Where has it all left us? Nowhere. No further forward than where we were 6 months ago. Because we still have no Mining Licence. End of story"Good morning folks.
Have to say I'm disappointed. I don't know why or how everyone suddenly changes from yesterday brandishing pitchforks and flaming torches to suddenly slipping off their seats because JAG says he's seen an image of something that tells him everything is gonna be alright.
I mean it's easy to understand how one might want to cling to any skerrick of hope after the mind blowing shitstorm of misinformation, disinformation and social media skullduggery we've had to endure but my sentiments have not changed at all.
The way I see it is this. Anything JAG might have seen and as he says, might be willing to share to a select few, is in no way evidence that there will be a favourable outcome towards the company et al its shareholders or the residents of Manono because it is immaterial. If it is not immaterial then it would come in the form of, or be included in an ASX announcement to Market. If it is material and has not been announced formally to market then, this is a big problem and needs addressing.
In the bast 6 months we've had all manner of positive signs and social media posts to make us think that something is about to happen. From the Momentum Lawyers teasing us with sneaky snippets to the arrivals of machinery on site to workers posing for class photos. Even Franck Fwamba doing God's work exposing the corruption in CAMI. And let's not forget the video of Zijin themselves admitting, on camera, they were trying to pull a fast one. This list goes on.
Where has it all left us? Nowhere. No further forward than where we were 6 months ago. Because we still have no Mining Licence. End of story.
And until we do have that ML in the form of an offical ASX announcement or "Material" information otherwise reflecting that, everything else is just immaterial noise and should be taken in the same light as we can now retrospectively see all these other seemingly positive steps for what they were.
I think I agree with a few other posters, their names escape me now but this so called "secret slideshow" is nothing but a honey pot sweetener to build into each roadshow as they trundle towards the AGM in the hope that a group of trusted, key influencers will have by then flipped the narrative and BoD can build in their next tranche of performance bonuses with minimal opposition despite still spinning wheels on the same oily bit of road to Manono.
And so far it seems to have worked. Just look at the change in mood from last night before JAG gave his cryptic update to today. I mean, I know we are all tired and hungry for some sense of normalcy and light at the end of the tunnel but I don't know... I guess I just find the whole bipolar nature of it all simply staggering.
No more I say. No more snouts in trough or hands in cookie jar or freebies until we get the ML the caterers are cooking the dirt is moving, the share price is above a nominal level. Let's get real folks. Enough is enough.
(pst... that said @JAG ... if you want to flick me those slides I'd be more than happy to take a look).
It was explained by Nigel that CDL is harder to process due to a high mica content, so the link will have to be to Nigel's mouth.
Thanks bud..........i am very aware that mica is a devil, alot more processing which in turns leads to more opex which leads to less profit.
Mate I watched the body language as we arrived on NF, Ben & Jan and was pleasantly surprised. There was no trepidation or angst and all three were calm, approachable, professional but friendly (certainly no sweatbuckets
). Then as the address got underway all the information was laid out for all to read and see that it was exactly as it is. No bs required and Nigel's tone and self depreciation showed it could not have been more sincere.
As far as I understand, Nigel has no plans at all to desert CDL or give CDL away as dessert to some other mob.
There are plenty of thieves active ready to use lazy Tommy, who believes he is on a roll.
I’ll be putting my champagne on ice closer to Christmas time as Nigel clearly stated last year
If anyone who was at the meeting cares to comment, I'm really keen to hear how confident Nigel sounded in regards to the secret ML date?
Are we talking "Locked in" confidence, or "If the planets align during a tropical monsoon" confidence?
I know that's not the most important thing, I'm just in a seriously under funded situation at present and admittedly am sweating on this. (Turns out you can't sell shares off market if you have a HIN, only if you have a SRN)
And yes it's because I'm a massive dumbass.
One of the things I took out of last night was Nigel talking about meeting Felix for the first time and the President said to Nigel "I have been looking forward to meeting you Mr Ferguson, you have the sins of all of Jerusalem on your head"! i.e. those who have been working against us had well and truly poisoned the AVZ well. NF said he was ready to let fly with a few retorts about those operators but kept his cool and didn't respond as he would have liked. Also that when Marius started to represent us he told the BoD that things were pretty grim and that they had done a pretty good job at shaming AVZ. However the Pres sent his people down to Manono who took photos and videos and spoke to the locals and reported back to Felix that AVZ have done all the work, are looking after the locals, sourcing local bricks and material and that AVZ are honourable and altruistic. Felix now understands what's been happening.
Another point NF raised was that AVZ were under the impression we had to carve up out a portion for the Govt's use only and that request was made under the President's name. When Felix found out about this request he said it was completely unauthorised by him.
I went in last night not with a pitchfork but open to listening, was confident that the BoD know what they are doing. NF spoke virtually off the cuff for over an hour, almost unaided by notes and halfway through I thought this is good. Everything was clarified, I understand the reasons for the bland ASX announcements (don't telegraph your enemies) and he reiterated my belief that he has 20 years experience in Africa and his eyes were wide open to what we could come up against.
One reassurance I have had during the last six months was the ASX's comfort with what the BoD were doing, there hadn't seemed any objection to the continuation of the Trading Halt, they appeared to be pretty comfortable with it and must be right across the issues. Last night reaffirmed that, Ben appears to have been keeping the ASX more than informed.
Am very confident of a bright future, although this halt seems like it's dragged on longer that bloody covid.
That was my pizza too by the way
Have a great day everyone
