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Chicken- Again it seems you're missing the point here and I cannot stretch it enough.
I'm not interested in drift as you're consistently accusing me for....if it helps I want to see SP touches 50p tomorrow morning... neither I'm a deramper or a ramper.
If BoD shows any commitment to their shareholders....the result is irrelevant if the market still knocks the SP down. I can understand that.
But over here, it is stark opposite and one-sided....BoD gets fat while shareholders starve.
Whether a poster is at 2 or 12, I've over 7k and you still managed to point fingers at me.
That's not acceptable to me to be frank.
Chicken- as number of people here have alluded....this place don't need to deramo....Brad alone is enough for that.
They've their salaries secured for another year without any commitments for the shareholders...
Either you get the point it or keep continue to defend the crooks.
No one here as ever seen any comment admitting they bought share at 17p or 2.95p placements. I wonder were they really executed by the people or some TP AI?
Many of us can now add at significant discount to 2.95p as the masters have messed up the equations once again.
PDAC starting this Sunday, some news may follow after it, possibly Anza resolution in April?
Well ...they agreed on contract from day 1 otherwise they wouldn't have signed for.
An average hole costs between $50-80k, but not at Pepas and Pupino....where the average cost is significantly higher.
They drilled several holes at Pepas, and had to leave Pupino half way through....the overall cost they incurred was around $500k.
Anyway.
So they hated the contract from the Day 1??
$500k figure (Not £) cost in drilling Pepas, and back tracked Pupino mishap was thrown around including....over spent story if you dig deep.
What else that serpent has whispered in your ears Dr??
Dr-
In other words Agnico must be so stupid to enter into the contract which they hated from Day 1, and drill in the wrong direction to waste $500k??
I trust Brad for sharing that story with you🙄😁😁
What next?🤔
Is that why they drilled in the wrong direction and to waste more money?
Not sure why that the Agnico is unhappy about current contract when MMA was established to share 50-50 between them and Newmont?
Anyway, it seems we are moving away from that in coming week that's if it concludes?
£500k dented 9% and warrants will add more to Omi.
Imagine what will happen if we go solo or partner with someone?
Anza + 3 projects seems bit too ambitious at this stage.
Dr-
That's the crucial query: if an enormous corporation like Agnico cannot afford to spend more than $80 million over a number of years, then what are we to do with Anza and the three vanity projects?
I am aware that Newmont is reluctant to sell its share because of first option rights, according to the TP report.
As per Brad's interview, they will also work out a deal whereby Omi will receive the MMA handover without having to pay anything up front but maybe decade or so later.
And one of my main concerns is that, time and time again, you have to be ready to hear something you least expect. And so far it has been shareholders pain over prolong period.
The general perception is that they want to reclaim Anza, and the PDAC event might force them to make a decision.
It's not uncommon for Newmont to give up in the middle. First, at GGP (EG Project), then at CG (Buritica), after that at OutCorp (I believe it was Lyra? ), and last, back at GGP and here.
Our esteemed Chief Executive Officer is indicating their interest in our Argentina (El Pantano) location:)
Although I haven't followed GGP in a while, they recently wrote to me to let me know that they would be hosting a Town Hall Investor meeting in London on March 5 which I may attend since it could at least provide some understanding of what happens when majors leave.
And to be clear, 1.5p is not my narrative, but I fear it may touch near there once again after 5 odd years at this wonderful project.
Market will dictate the narrative here.....not our trustworthy BoD, not investors, not TP, and certainly not Mr Mir.
Lets see, interesting month ahead :)
Chicken-
Well no 1 & 3 are walking away having spend a few years here....I'm sure they've better knowledge than me...and that's some statement.
Market will dictate the narrative.
Again, I won't read much into it.