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2012 alpala was discovered,nearly 8 years later,theres still 12 rigs on it,question is,how many years or decades will it take to drill the rest of the tenemants,i say sell to the highest bidder when the offers come along,bugger going it alone.imho.
For me its all about the copper price and the demand,when we realeased the PEA for alpala,i believe they shouldnt have vastly inflated the copper price in the results,because nothing is guaranteed,the market took an instant dislike to that decision,anyway it is what it is,fingers crossed we quickly get over these bumps in the road.
earthling youve got a better memory than me,i cant remember saying that,anyway end of the day,it is what it is,in mining terms with 22m in the bank we are skint,and just as i thought our biggest shareholders are letting the well run dry.
Yes i agree skindle,so far though not a big sell of,think we should recover from this.
Was sort of expecting this tbh,lets hope the results in nov are good,then this loss can be absorbed.imho
i sure do hope so qalibashi,im sitting on the fence looking at both scenarios,i cant get into the mind of NM or bhp for that matter,pure specualtion on my part,my concern is how low does the sp have to go and how long does this news blackout continue ,imho
bhp market cap 94 billion,they do not give a flying you no what that we only have 22 million left,they can bide there time and wait until our pot runs dry,they need ecuador to be 100% mining friendly before they come back in,all this referendum on mining tripe hasnt helped our cause 1 bit.
we have 22 million in the bank and its gonna cost 2.8 billion to build a mine at alpala,so something somewere has to give,this news blackout has crashed the sp,thats a fact,we need the copper price to soar and a hell of a lot of cash to come from somewere,and we need it asap.
Yep agreed mostly chavs in traccy bottoms and mckenzie t shirts who voted to leave,nincompoops.
People were warned that brexit would cost jobs,everyone thought they were clever voting to leave,the remainers are having the last laugh.