RE: Alrighty then...5 Dec 2024 07:42
BODS will always tend to line their pockets first - that’s a given. The MTL team have won award in the Philippines for their mining and have delivered for MTL and these expertise can be used in a new mine. They have done a massive u turn for this company.
The problem I’ve found with other miners is they have land to mine but they lack resources and expertise to mine. This is where MTL differs. I understand, that this will seem like a low ball offer but MTL are likely to get things moving, efficiently, and the longer CNR wait is the more chance of your shareholders being left with nothing.
Another huge hurdle is the regulatory compliance which can take a long time. Does CNR already hold environmental authorisation and mining rights?