Not sure how making a deal and buying into a project actually generates cash in the short-term (surely the opposite) but this article thinks it's a great cash generator for Ortac and even if we don't complete the deal, it shows we've got the right idea!?
---------------------------------- Think LSE has gone crazy as this post is now the first Ortac post ever!!
Sturec will never work while it is 100% in OTC hands, they need a local partner for this to work, if it ever will. All this talk of alternative cyanide technologies etc is rubbish. if that worked, why don't other companies with a lot more capital available use it? think about it for just a second...
This news on Zambia is very positive, Zambia is a great country and it will be changing the mining law soon which is positive. Copper is the only base metal i like at the moment and I see this as a really good option, credit to Mr Carellos.
Sturec is what I'm interested in. We haven't had news from there since December and reading back on the Interims it looks to me as if we've pretty well pulled the plug on 'Sturecland', "we are, rationalising our operations pending a more encouraging outlook from within Slovakia and from the capital markets."
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