through the tough times..25 Jul 2019 21:33
just remember we have tier1! and its just the beginning Imo.
We have so much gold and copper at Cascabel its inconceivable that it won't be mined. Who does the mining and when, is the question we are all wondering
Personally I don't think it will be us. I think NM is holding back on assays and other projects, including near surface resource until the CGP situation is confirmed. Not officially of course that wouldn't be cricket, but he is in charge of when assays get processed and which drills are on hold.
More than one way to skin a cat/play the chess game.
Its been a very slow 12 months, especially the last 6, all the time drilling has continued.
the assets are not going away, growing each week that goes by.
Ideally I'd like an initial offer from RIO to get that ball rolling, freeing up BHP to make a counter bid/JV proposal. They have done it before eg the resolution mine.
Just a matter of time IMO, and yes its taking longer than many would prefer, but thats also the nature of the beast/exploration/mining.