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Nice mention for Alpala and a reminder of just how big this thing is …… about a minute and a half in
https://m.youtube.com/watch?v=LGHvANvwwjY
Might take a while though I reckon DaaP news in some form will come soon too.
If anyone ever gets paid for licensing deal then the other will happen….. it’s just a very big IF
Vagabondo
Yep very strange. This was written off 2/3 years ago then reared its head again. Personally not getting my hopes up for next week. Having said that if a single investor is contacted by the elusive agent then it’s game on 💯
Interesting article on current instability
https://www.mining.com/web/mining-industry-sees-a-way-to-navigate-narco-crisis-in-ecuador/
Chinese not deterred
“Solaris Resources has lined up a 130 million Canadian dollar ($97.1 million) investment from China's Zijin Mining that will help fund development of the Canadian exploration company's flagship Warintza project in southeastern Ecuador.
Solaris said Thursday the gold-focused mining giant will invest through an affiliate by way of a private placement of shares. Solaris plans to issue almost 28.5 million shares at C$4.55 each, a premium of 14% to the previous day's closing price”
we’ve been here before
snap elections, indigenous uprisings ….. always a pain in the **** and the geopolitical risk ever present….. always goes away in the end. do we really believe a few gunslinging drug dealers will put an end to the future of mining in ecuador?
in the meantime some things just carry on as normal
“bactech environmental receives final permit from the ministry of environment for the tenguel project in ecuador”
Interesting article Red
And I think it’s spot on
Every cloud
Orthern
I guess the question is subjective.
We’ll probably end up with what we’re given as not many will exit now before this is over one way or another. The only time I can see a sell off now is on a major spike with no news to back it up.
I think 50-60p for Cascabel and hope there’s more than one interested party then it could become interesting. Can’t see it going for much less than that. I’d be disappointed in the 30-40p region after so long but wouldn’t be the end of the world.
We’ll have to wait and see …..
Fort …. I think Scott has had enough incentives and it was probably done because they thought a deal would be done last year . His salary is low by normal standards but his options last year were a little over the top. The only plus is that they’re useless unless the price rises considerably from these pitiful levels. ….. I believe that will happen and hoping it’ll be soon so we can all move on.
add ….. we’ve all got a bit frustrated at times but that’s the nature of the game. i’m personally grateful for scott’s stewardship . it doesn’t bear thinking about how close cazubbo took us to the edge and the amount of **** he left behind to sort out.
i’m confident we are on the right track now and we’ll see value realised at some point in the future. i’m sure plenty disagree which begs the question what are they doing here?
Back down now …… it’ll come Red
In auction 10.3/10.22
Red it’s also showing half the volume
A tad under 2m at present
“New direction” I’d say that sounds exactly like a company moving away from the fantasy of developing the mine .
Yep cheers SM
Thanks Goner ….. what was the gist of the email ?
Immediately jumped on hhhmmmppphhhhh!
Ah well our time will come
Big spread 10.10/10.52
Hi Bozi
I’m sure the conservatives will lose the next election but if you want to see the back of the tories for a generation then you’re clearly betting against Starmer too …… unless of course you consider him a socialist which he clearly isn’t?
Hi Add agree, the goal here is clear.
I have no doubt whatsoever that there are several parties carrying out their due diligence and whilst the market may or may not sit up and take notice of the revised PFS ( I think it will ) any interested counter parties certainly will.
In the meantime any news on licenses, revised IPA etc will be most welcome.