RE: BC and JM 6 mins in20 Mar 2019 10:12
Hi Poor,the state of that lorry's tyres show it's still pretty wet over there and the cargo is liquid so it looks like we have had to go for the more expensive acid option.Copper,Nickel Cobalt (all EV metals)are trending at the moment so financing options are just beginning to wake up.Majors will soon get twitchy if they see explorers starting to finance their finds, as in the short term it will prove up the value of the assets and long term may potentially take the prospective mines "off the table" .BC has always stated (Macro) that Majors are massively underinvested in gold exploration to replace production and now JM is saying it's even worse for Cu miners,What a surprise !!! A complete lack of investment my major companies throughout the world,all looking for a quick buck with little thought to the future of their individual industries.,"Well I never" So that means (Micro) it's looking positive here ,and with $5m p.a min (IMO)..from the plant "imminent" :-) ,it is going to offer flexibility and protection. GLA