SEI 0.00% 2.9¢ speciality metals international limited

Ann: Mt Carbine Quarry & MLs - Sale & Purchase Agreement Update, page-16

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  1. 2,536 Posts.
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    Hi Gomer.
    Unfortunately your post doesn't hit the reason for the confusion. Management are showing incompetence in reporting ANN with confusioning timeframes. They have clearly stated end of August yet todays ANN states needing an extension to discussions with all parties progressing within the timeframes. Good to see "both parties are content and discussions remain inside the timeframe." But the timeframe finished today this is after extending timeframes earlier.
    Management need not create confusion in reporting as it is not a good look regardless whether talks are progressing or not. Not hitting benchmarks as state is generally punished by Mr Market.
    Anyways no issue in holding as all seems to be progress albeit slowly. Could be worth the wait. Demand for Tungsten projected to be up 5.5% during next 12 months.
    Chers and have a great W/E
 
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