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....are we thinking bulletin board buyout then CC? I'll leave it to you to rally the troops. I reckon Feeks will stump up at the right price - Happy Xmas Feeksie
marry xmas pm, I am not in the position to be the market for OTC, but in future I may just run a listed company. There is good opportunity to take over management of many deeply undervalued companies in AIM. The mining recession of last few years has bought a lot of junior aim mining companies to similar valuation like OTC....
for Feeks, sturec become more beautiful than the Munaliza itself. it should not be touched form the left nor from the right. I don't know why they issues a mining licence then? why the boss is saying he received interest form several parties regarding sturec mining in his last podcast. trees can be cut and replanted, even mountains can be moved and removed if there is gold. we have already a small scale mining operation there and it could be enlarged. after all sturec is just a wild mountain that could be managed
Cant you? You fail.
You hanging around here. Is it just a morbid fascination. Cant think of any good reason to be posting after you've sold and moved on.
Undervalued by 15x-40x+.... Life of mine value at Slovakian and DRC project is upwards of £3+ billion and the market value is around £5m. This still does not include the stake at Zambian and Eritrean asset.
If I had the resources, not just Sturec, I would have taken the whole company private...
CC- Why not just offer to buy it off them for £50,000? They would snap your hand off
More risible than visible
I think you may have to be THE market on this one CC. Oh and Happy Xmas to you and yours.
Value of Sturec Project at 1 million ounce: - £5 million at £5 per ounce royalty - £10 million at £10 per ounce royalty - £20 million at £20 per ounce royalty - £50 million at £50 per ounce royalty - £100 million at £100 per ounce royalty so the market might value it at nil, but I do not.
can't post the link but worth looking at latest twitter update. "more visable gold at casa"..
Like I said, IF there is any value in sturec then it will be local partners who gain. Ortac Directors will know that. It will not become a viable commercial mine in the way it was once hoped. The market is not wrong to put nil value on it. Even £250,000 would be a bonus now.
Everything comes at the right time. - Buddha Failure once does not mean permanent failure. Local part0pnership/joint venture with the right connections and strategies can expeditite the project. Value is in the eye of the project executioner....well connected local partners can take off this project to production. Europe needs jobs and they need tax revenues - and this project gives the opportunity for both. Life of mine value of Kremnica project - upwards of £750+ million.
Hi chaotic calmness - your assessment of Slovakia is bewildering. Light years away from the reality of the impossible situation the company faces there. Once upon a time the company had an ambitious plan to revive the old mining history but this was firmly rebuffed. They did eveything by the book, set up a local discussion forum, tried to garner local support and buy in with carefully orchestrated communications, by inviting locals to shape the ideqs for a mining legacy to benefit local people etc..They even said they would not use cyanide. None of this worked. There are a series of interrelated problems:- 1) The town is a very beautiful WORLD HERITAGE SITE; 2) The town has a thriving tourist industry; 3) Local politicians are effectively able to veto the mining plans; 4) Socio-political interests are firmly aligned against the re-establishment of economic mining (stakeholders with property interests). All this means Ortac failed with Kremnica and they moved on to the African interests. There is no value to Ortac in Kremnica.
Same to you :)
Happy Xmas cityfan. 11% rise is hardly comforting after such great falls. But please yourself.
Sorry, don't get that one.....
Well that's one tamed Bonker99 just another 2 to go, Respect.
You too dude :)
Yep, that works. Happy Christmas old chum.
You can't flush cork(er) mate :)
Woo Hoo, the trains in the station....the rocket's on the launching pad...the loo's ready to flush.....onwards and upwards.. don't sit on the sidelines....Christmas has come early.... Now, lets have some xmas fun and see how many metaphorical terms we can trot out....
Don't tell Feeks
double tick up