Yeah - would be nice if management discussed at all the content and context of the agreement; why they entered into it, what they hope to achieve, how they are going to execute….
…but no, once again we are left just guessing.
I think if they can satisfy the notes without massive further dilution this could be a reasonable deal - especially considering that i believe the future of the company is in the halloysite resources, not the iron oxide mineral rights…the latest filing didn’t have us bringing home the bacon with AMIRON either….so that kinda indicates it’s value to us…
However, that said, it would just be “normal” for management to comment on the activity and discuss the “why’s” and “how’s”…but instead, they just drop the filing. Even on Twitter they just post a link and do not say a thing about it - folks even comment “is this good or bad??” LOL -
it is just weird and awkward, but that is par for the course over here I guess…weird and awkward…
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