The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Assume that share holding reduction is due to last 10m placement.
Many will have misinterpreted this quite easily.
For the context on what might happen check out ARCM.
They are currently going through T/O or J/V juggling between themselves and AA for Copper project in Zambia.
Not saying it will play out like same here buy something to observe while we wait for the results of drilling in Bushranger.
Interesting reading here from USGS
https://pubs.usgs.gov/periodicals/mcs2021/mcs2021-copper.pdf
Copper is definitely going up and staying up at least for next year or so.
2021 is expected to be in deficit so more beneficial to current copper producers but worldwide declining grade and looking far ahead in future it may seem like a bargain price for mining majors if we can prove decent size of resource.
Thanks @beardozer
I am already in XTR and would rather look to a producer who will benefit the rising price more quickly than an explorer.
Lets say the Bushranger deposit turns out to be 75% of AA target and with copper price rising significantly, either AA or some other players (read: mid tier who are aiming to be top tier) could easily jump in and bid for the project.
What is the likely valuation this will attribute and how quickly will it materialize?
What about other prospect in the greater Bushranger area?
With historical high copper price what impact does it have on financial?
I expect the price here will go towards £25 at this rate of copper demand.
Are there other copper plays other than CAML as highlighted below which are in similar situation as Rambler?
I wish I had now bought more 2 days ago around .31
It will be difficult to buy under.35 come Monday.
How do you conclude that there is a rise?
This only means that the family sold off their business and have already bought into the business and they are now a major shareholder in the business. They have executed all share purchase in compliance with previous agreement.
There is no planned cash raise!
Among Silver and Iron Ore, we shouldn't forget approx 2m Oz of PGM at Munni Munni.
Recently EEE has let expire their options to focus on their other Gold project.
https://polaris.brighterir.com/public/georgian_mining_corporation/news/news_rns/story/wkqll1w
Does it mean UFO has full right to progress that project now?
Diversification in mining is key and PGM is no to be ignore.
Prove up and sell out as they say :)