Well Red I hate to say it but we all expected a flight to name to be for signing something. I don't blame Kim for the delay in VN. It isn't like the guy isn't doing everything he can there. But conservative is not how I would label Kims PR. Some would call it misleading, I call it an up selling. Kim puts out PR'S pretty regularly. But they completely lack details. As stated a verbal contract is no contract. If he was conservative he would not have put out this PR.
He does let us know where we stand with 1 approval left but doesn't tell us what it is.
Good to know there is only one left but if it's going to take 5 years to get it Kim won't tell us. He allows us to speculate and assume too much.
If the last approval was just clearing escrow for property we are golden but if it is MARD still holding up the process that is much different.
Kim should be conservative with PR's. Make them rare. But he should be crystal clear with them and not leave any guessing to the investor.
Great post, Red, and I totally agree with what you said! We are in the ninth inning of the Vietnam waiting game. These shares are trading for a song and dance. The future is here!
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