G'day Traydor. I'm not suggesting it's the Directors. I think they have been doing a great job with progressing the Company. Craig has been very forthright with his comments on the Company, like his latest one (March '16) ...
“The Cradle DFS demonstrates an exceptionally strong Project. The numbers speak for themselves. On any analysis, this Project is likely to be brought into production and deliver substantial profits for many years. This will be the first new niobium producer in 40 years and the only new producer of this rare metal in the foreseeable future. The demand for niobium continues to grow strongly due to the burgeoning world-wide demand for new-age materials and associated elements like lithium, graphite and niobium. Panda Hill is only seeking to capture a modest portion of this ongoing demand growth. The next 6 months will focus on off-take and debt financing whereupon a decision to mine is expected. During this financing period, front end engineering and fine tuning of the Project will continue, ensuring a rapid and smooth transition into construction.”
All of this serves to confirm what we all have come to realise. Remember - you can't change the facts!
CXX Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held