you guys are thinking way too much into this. The company have delivered on every promise they have made on time. yes they f’d up the cr but look at what they have achieved. Have your doubts? then dump the stock. i’m happy to pick it up. before you do, pick up the phone and have a chat to Tim first. He is approachable and very well informed. Most importantly he is on the ground and on site making things happen and not fluffing around on shareholders money.
For goodness sake let management do what they have promised and let things take their course. If they don’t deliver, then walk away and take it as a lesson learnt. how many other miners this small have the foresight to build their own bridge to secure supply? how many other small miners have obtained a mining lease in such a short time and most importantly how many other miners have cold hard cash coming into their coffers in the very near short term with almost 30 other prospects in sight? none, that’s how many.
there is risk associated with any investment you make and in Nigeria possibly more than you are accustomed to. I think these guys have in my opinion done a good job so far of dissolving most of them. If you’re still uncomfortable with the level of risk then this stock is not for you, otherwise sit back and let them do their thing.
SL1 Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
