Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Lots of views on this, however I believe that the whole MT area will be sold including MT, Flanks and some or all New JV assets. Licenses required for 9 additional JV assets paid for out of current cash balance. Thus creating a whole Kola District to the buyer with massive resource potential. Large wallets required to buy, therefore consortium. I am sure the BOD are close to announcements regarding the licences/resource data. Hopefully this info will increase the SP before the sale. IMHO
I believe WK is a great small mine. Low cost production, clear development and expansion on going, demonstrates EUA EPG credentials and being ramped up so attractive future income generator. Oh and also 100% EUA owned which demonstrates EUA can also produce, great for negotiations....on other assets.
$23m in cash will help alongside some MT sale funds. 104 million Oz and expecting more. I would be happy to remain invested to see to the outcome for EUA shareholders as alongside at least a £1 Divi from MT sale, given the scope to expand in this area for the buyer 'bushveld' / 40m Oz potential.