RE: Within a year.... surely?20 Jan 2022 10:56
ToS, you are so right. The clock is literally ticking here towards the AGM. Cannot think Solgold and particularly DC are up for option 4. No way! There are just too many permeations and info we as PI's are not privy to, to come to the correct conclusion and the direction we will take.
And even if it is funding and to become a miner, a major could still come with an offer that would seriously need to be considered and sweep us off our feet!
Before there were rumours BHP were to make an offer for Newcrest. If that is the case, of a take over, I would feel doom and gloom for us with approximately 28% in BHP's hands.
Barrick Gold's Mark Bristow is a man who understands working in problematic political environments and I wonder if the 21MOz of gold in our core has caught his attention? Could Barrick be interested in a JV? Would be nice to know?
The 50 year copper resource must have prickled the interest of many of the majors, but who has shown an interest behind closed doors? I guess time will tell and all revealed in the coming months! GLA
Then lastly, have we found the finance to go it alone? Has Ingo been successful because if he has, we are in a powerful position. This will obviously depend on an excellent PFS/DFS.
I cannot understand that if our explorers are so successful with 1st holes, we cannot find partners to JV the drilling at our long list of tenements? Our money is not infinite and the hat will be going around quite soon for more drilling.