RE: Kopore Shares to be sold?1 Nov 2021 12:40
I agree the prospect of free cash flow from a small scale production financed without dilution was and continues to be an attractive part of the proposition.
Cash flow/financial management should and (for me) certainly is an important consideration of my investments in the juniors. So I can understand your frustration on how slow it's been and lack of news around the small scale production from CE.
I know they are still completing the study, which I've been told is being worked on by arcm teams and two external consultants and that that work to date is encouraging. So it's no dead duck, while realistically its clearly going to take longer, it's still an attractive option in the future.
Perhaps the other complications have been around MM legal stuff, licence reorg, drill outcomes from CE and the broader activities and negotiations with majors.
I don't know though so just my musings on those.
Personally Im happy the reasons I invested are still valid. Delays and share price are annoying but I'm comfortable my investment case still stands.
We all have different drivers, outcome expectations, timescales, etc so have to make our own decisions.
Atb