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264 Posts.

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25/03/19

10:20

Post #: 37870947
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Originally posted by Oracleyoda: ↑

Yes, and they claimed to be in the same position a year ago and are yet to progress their 6 month plan.

Don't get me wrong, its a good asset and I'm holding, but only because of the NST Put option. I am not confident that the Board and Management will deliver what and when they say based on their past form and yes I was here 18 months ago and I base my opinion on their performance to promise over that period of time. They did not do what they said they would do in they time frames that they set for themselves.

You can only judge them on what they said they would do and what they actually did.

We will know in 5 days whether they do as they said they would this time around. Should be a good week if they do. I will remind you all of this post on Monday if they don't.

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I'm responding to your comment about finance (not whether their updated DFS comes out next week or the following).
To say they can't get finance is without any logic or substance and considering the project and timing, is somewhat laughable.

EAR Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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