RE: Cyprus13 Jan 2023 11:50
Re "The JV agreement also allowed Bezant to put any new Cyprus project acquired or pegged by Caerus into the JV, thereby gaining a potential 80% interest. This clause left the Company with no incentive to expand its footprint in Cyprus. In addition, the terms of the processing contract between Caerus and Jubilee Metals Group were once again heavily biased towards Jubilee, and detrimental to any potential early cash flow to Caerus."
Obviously COP is a major factor but hitherto I did wonder whether part of the reason for depressed sp is the very successful previous stockpile negotiations. Maybe companies cottoned on to us