Yeah, right. I agree, we need a new perspective. With respect, the same traders who demand results and reports prematurely are the same ones who will sink the boots in for company not having enough information.
Shareholders had the right to vote at AGM (an imperfect system but that's how it is) for the approval or disapproval of the performance shares which were recommended by the board for the quality of projects and tenements built up over the years which have now proven to be 4 product lines in vogue and well chosen for step by step progress - starting with a Caesium mine to be operating by mid year to help fund bigger projects either themselves or being able to seek appropriate finance by being creditworthy. Again, the mine is an easy start up for a junior start-up mining company for multiple products.
The mine will be a simple open cut design to extract different products in different areas. The mine approval is at present subject to final government authentication and Off-take Agreement clarification will follow immediately. That has been the wait as I see it. The successful application and build of this will give the confidence and experience to move forward with other mines they have in order. They can also sell a project if a large offer is made for Cobalt, Lithium or Gold etc..
The Sinclair Caesium mine is the key to all other products and projects after assay results published.
From here plans will be presented and it should be a clear road from here on. The company will be able to start action moves from here on. The red tapes in business are frustrating at times as they slow things down a little with rubber stamping. The time is close at hand. For those who have been holding for years and years, this a blip, let's hope it is a very successful one for your future trading decisions.
DYOR
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