Kha, good sleuthing to dig out the info on the April date. I dont think many of us realised this date was set from the deal a year ago and just maybe now people will calm down a bit and realise that this wasn't a recently self-imposed date but rather a 12 month timeline that did feature its share of delays but a lot of progress has been made in the last few weeks, as can be seen by all the news releases recently - and thats why we're only just getting the deal finalised now.
If its after the 12 month deadline and largo has to allot a more generous conversion rate, then so be it and I would think the market has priced in that eventually by now.
Looking forward to the official announcement that the financing has closed and then the focus can be put squarely on the mine construction and all the work surrounding that.
Plus we still have the Maracas resource estime update to come out, which from reading between the lines would appear to be a huge increase, possibly doubling our resource.
Things really aren't that bad at all. It just feels that way because the juniors markets have been selling off for months now and all companies have been branded with the same brush. At some point, this trend ends and a new one begins.
Stockhouse.com: Taking
it to the street
