RE: They have already told you !16 Aug 2019 15:47
Hi Prop, a few days off work, checked in here to see what is happening , not much , lol ! :) just peeps trying to dig out an understanding of what has happened/happening. To be perfectly frank as disappointing as this all is , we are in the same position at Cobre income wise as we were before the client started except we now have the cash they paid and the magnetite they didn't take, so the question I ask myself is why would you pay for something and not get anything ?... you wouldn't ...so they must be in a bit of a situation themselves with the plant building and funding being released perhaps tied in with the regulatory approvals, but that too is just conjecture.
We have redmoor and LCCM.
I think we may perhaps get a farm in at LCCM, providing cash upfront to move it along and expand it and the guarantee of the vertically aligned customer now getting their copper cement at an even better rate, but again conjecture.... the cash helping the Redmoor purchase
ATB