Firering Strategic Minerals: From explorer to producer. Watch the video here.
Really? I think you're talking tosh!!
https://www.ecofinagency.com/mining/0606-45593-mali-b2gold-pays-goverment-300m-from-2023-operations
Only 452 million shares in circulation. No dilution until Mali lifts the suspension on mining permits and the financing is put in place for the mine construction. So Senegal news will be the SP driver over the coming months.
As soon as the mining permit suspension is lifted in Mali we should see a dramatic re-rating.
1) Mining Permit Granted (Back to 3-4p)
2) Finance to develop the project completed (4-6p)
3) Start of Mine Construction (6-8p)
Another 5% drop on less than £700 worth of sells. I sent a DM on X to both Cora and Bert expressing my concerns of this situation!! If this Permit suspension continues for many more months I'm rally worried that the share price will go below 1p and further. Directors need to buy some shares to show they still have faith in the project.
Mali wouldn't have the funds to develop a mine like ours, they rely on investment from other countries to build and go into production. Barrick Gold have recently mentioned that they have budgeted $10 million for exploration in Mali this year and are awaiting the lifting of the permit suspension. They also said that they believe the suspension will be lifted by the middle of this year. Barrick Gold and B2B Gold will be pushing for this to happen for sure.