Ann: Trading Halt, page-41

AFAIK, I have the right to have an opinion and express it. If you call that pedantry because it suits you better, so be it. I don't mind.

But yes, it is speculation from me. It is what I believe. I am not saying that I am right. I would love to be wrong. But I don't intend to be part of somewhat that resembles a cheer squad. I invest. I don't love any company in the world. I truly love this particular project, but, like any project, it can take more time than expected. Just that.


@Midnight26

The reasons why I believe delays will occur are simple (and mostly not BBX related): they almost always do. I have seen excellent projects slip in their timeline because an unexpected issue happened. A machine that got broken, employees that work slower than we expected, a delay in bureaucracy procedures, etc.

In our case, I personally expect another factor: the company will need to be very, very careful regarding what puts in their anns. So, that means they will need to double and triple check everything before they are rest assured everything proceeds smoothly with the production.

That's another reason why I expect some delays. Nothing to do with incompetence; nothing to do with failure; it's exactly the opposite. It's just what happens in a lot of projects in a lot of industries around the world (see construction as a good example of delays). More so in our particular case (with an uncommon kind of gold and PGMs). And as in any business, lack of funds mean a slower progress. Things proceed at a faster pace when money talks. When not... they proceed, albeit slower.


Best Regards