Like most here - I'm also a little frustrated with the lack of communication from the Company in regards to what's going with the projects.
As I'm sure most of you know from real life experiences - things in the world are always changing. I believe AEE announcement for Haggan IPO was in December last year. I believe the price of V was approx $15lb. it's now 10months on. The price of V is now $31.50c (credit Blue Swims)
This HAS to have got Peter thinking about Haggan. I would be concerned if it HAD NOT got him thinking about Haggan. I feel only now this year - as it's really started to get going - are we seeing what the Vanadium space could be in the future. The article I posted from Asian metals paints a picture going forward that was not painted 10minths ago - IMO. It's much better than anyone had predicted- I think. ThIs may be a reason for delays - adjustIng plans? OR just confirmIng we are doIng the rIght thIng wIth the IPO.
Whys thIs Important?? TIrIs now has VanadIum added to the mIx and AEE are lookIng down that avenue of VanadIum there. So VanadIum Is obviously beIng consIdered very Important for us movIng forward as a company.
We have had a seller or capper thIs year at varIous tImes. I thInk most people would agree wIth that. The reasons?? who knows. As the SP is at a 52 week low all our mInds race overtime on the reasons.
The assests are stunnIng. Thats my opInIon.
TIrIs Is just a fanatastIc project and can be onlIne In no tIme - 2020. So we can catch the U Bull run perfectly there. The added VanadIum Is a massIve bonus. AnythIbg we get for that can only help. So Its bIgger and better - fIner detaIls yet to come. Perhaps a reason for a delay In DFS - It makes sense. The U prIce Is currently on thw edge of a bIgger breakout towards $30-$35. Not just my opInIon - but manybrespwcted analysts.
T - South. ???? ???? - Whatever Is happenIng with those Permits - we would not want to be spending money there at the moment anyway. Not an excuse - just a realIty. So no real dramas there - Itlf we are all honest.
Haggan - They defInately have something there. A completed SS wIll shed lIght on exactly what - when It comes. Yes Its delayed. Yes Its frustratIng. Yes Its annoyIng. Yes they saId Aug/Sep. But - just maybe - they have a plan. Maybe thIngs have been goIng on behInd the scenes. We never wIll be prIvi to what management are thinkIng - only what they decIde. Peters track record should gIve us all enough faIth. He has done thIs before. Fact.
UntIl 1st January 2019 Is when I thInk It becomes more of an Issue IMHO. UntIl then Im sIttIng tIght and holdIng strong.
Hopefully - we wIll get a little more InformatIon about what Is goIng on: Either from the Quarterly OR some of you legends askIng some tough questIons at the AGM. I hope you all do - If we have not heard anythIng by then. Im wIth Jayshot on thIs - honesty may actually be benefIcIal.
Not makIng excuses - just tryIng to weIgh It all up. I dont thInk anyone needs to panIc about managements abIlIty ATM. Peter Reeve HAS done It before. The assets In the ground are Not suddenly goIng to go away. More communIcatIon would be nIce - I agree. But agaIn - TIrIs just got V added to the mIx - so they are gettIng It done.
I hope you're all well. Have a great evenIng. Just thoughts and opInIons. T
AEE Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
(20min delay)
