Having done business in Africa I know one thing, Africans treat time and deadlines differently to us. Their government departments are in no way as efficient as ours in the west. Things that take a day over here take a month over there. Why do you think that even though civilisation started in Africa it is still the last place to always “catch up”?
The mineral sands deal will be done, it’s a win, win for everyone. Just gonna take a little time .... enough time to keep accumulating while the pip traders get bored and sell at a small loss looking for the next big thing not realising they held it!
Me, I’m in balls deep and going deeper. If it drops to 0.7 u will see a line wipe!
Have to say 1% of a company in a reverse take over deal when the MC reaches $100m for pennies in the dollar ....
And if, IF, it all falls through it’s a $20k loss at most.
Geez you don’t need 2 degrees, a CFA and 2 diplomas to know that!
MRQ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held