Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Https://x.com/RecNaturalesEC/status/1787890071913254932
Our turn next?
The silence gotta end soon
When was this announced?
His role is to maintain a line of communication between retail and the company whilst the CEO is unable to
Addi, they have been in receipt of proposals from interested parties via the strategic review process, and we have been informed of this. The whole process is very grey which has been designed this way on purpose. Unfortunately I don't believe they have been showing much respect to retail shareholders but I do believe our patience will be rewarded.
If such a fantastic situation has been secured as the various articles eluded too in March, why haven't they provided broader details? What is holding up the announcement? Do they need to retain the balance of permits to make the funding or takeover binding? This would make some sense.
All will be revealed soon because quite frankly, we have zero coin left in the bank.
Should we be worried? Absolutely not - having Directors with massive holdings in the company gives me the confidence that our aspirations are completely aligned.
Twiggy you cheaky bugger
China? Twiggy?
Who has the dough to buy 8m shares like that!!!
Uncrossing Trade: During the auction period, there may be a point (or price) at which the best BID and best ASK match and a trade takes place. This trade on the London Stock Exchange (LSE) is known as an Uncrossing Trade.
8,697,673 U trade dressed as a sell at 9.2p
What is a U trade ppl
Both
All in!!!!
Lets go
21 trading days till June 2024!
If they remove the hand-break which is the 1,5m units between 10.10p and 10.76p, we will cruise to 20/25p before news is released.
That lump of units is placed on the sell every day
Silvercorp wanted IPA and ESIA signed before acquiring Adventus. Confirmed last week.
Jiangxi will be the same.
So the question is, when can we expect to conclude the ESIA and IPA. I understood both are imminent
HFH, why would we entertain a new NED from Jiangxi if we weren't planning to conclude a significant transaction with the Chinese.
Ask Citi
Exactly.
Interesting to note that Adventus had recently secured both their ESIA and IPA and Silvercorp moves soon after.
Surely this is the trigger for a Solgold deal - we all know IPA and ESIA is imminent!
Its obvious Scott and Mather are hiding as they have a deal in hand and are waiting for last items! Game on!!!!!
60p in 30 days!
Adventus President, CEO and Director, Christian Kargl-Simard, said:
"I am very proud of the accomplishments of our entire Adventus team, together with Salazar Resources and other partners since 2017, highlighted by the advancement of El Domo from an inferred resource to the construction ready project that it is today and the consolidation of our significant exploration portfolio in Ecuador. Our commitment to, and public record of transparency, technical excellence, environmental stewardship, and the highest standards of social responsibility have been the backbone of our success. I believe that Silvercorp strongly shares our values, in addition to bringing financial strength and experience from global operations. Combining the companies positions us well to deliver on El Domo and our other projects in collaboration with the government, local communities, and all stakeholders."
About the El Domo Project
The advanced high-grade copper-gold El Domo project, 75% owned by Adventus, covers approximately 172 ha with a buffer of 118 ha (2.9 km2 in total). El Domo is located in central Ecuador, approximately 150 km northeast of the major port city of Guayaquil - about a 3-hour drive. The project spans low-lying hills and plains between 300 to 900 m above sea level.
In 2017, Adventus entered into an agreement with Salazar Resources Ltd. ("Salazar") pursuant to which Adventus earned its majority interest in the Curipamba project by funding exploration and development expenditures of US$25 million over five years and meeting certain development obligations. In 2021, Adventus announced it had completed its earn-in option to obtain majority ownership (75%) of the Curipamba project. Adventus will fund capital costs to production and receive 95% of the free cash flows until all of its investments since 2017 are repaid, after which the project cash flows will be shared 75% to Adventus and 25% to Salazar.
In December 2021, Adventus published a feasibility study covering the open-pit Mineral Reserve of the El Domo – Curipamba project, outlining attractive operating metrics and robust economics:
Proven and Probable Mineral Reserves of 6.5 million tonnes at 1.93% Cu, 2.52 g/t Au, 2.49% Zn, 45.7 g/t Ag, 0.25% Pb
A 10-year mine life with average annual production of 10,463 tpa copper and 21,390 tpa copper equivalent over the life-of-mine