It is what it is mate- me talking it up does nothing. Thankfully I'm not you and I'll stick to the facts as I've observed so far and try to have a bit better foresight of the whole picture than the 'most people' you mention. The positive aspects were indeed mentioned- the fact we have a JV with Novo in itself was first a lifeline and a burden and will ultimately play both for and against us in any future negotiations or projects. A good thing it is only a portion of our portfolio in the JV as it gives us options both ways and room to negotiate. The 'Pro's' with all their financed and underwritten advice clearly have a conflict in being able to give objective advice when they are hosted by Novo and by their own admission have Novo as their largest holding. Once again it is what it is and it's up to our management to do sweet fa or make something of ARV without Novo initially as blind Freddy can see what will happen if we don't. What would you propose is a better outcome for ARV? Start making cash or do nothing and cheer on our JV partner from the sidelines, handing over great swathes of cash to burn on exploration for so far nil result till we are broke and have to write down our percentage of the JV assets just to stay afloat? Then what? They know what we have got mate- that's what all this is about and we have to insulate ourselves from the games taking the alternative path we are on now. I have absolutely no gripe with Novo or QH- he has made a few damaging decisions but no one has a crystal ball. Failure only happens when you don't have a plan B. So what is Novo's plan B if Congo is bust? Will you still be giving advice to rejoice the JV then? Little old ARV still plugging away, making good bucks of many small albeit economic projects, no debt, not underwritten by some big daddy corporations. The idea must sicken them.
It is what it is mate- me talking it up does nothing. Thankfully...
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