RE: Is today the day that the sp finally drops below 0.01020 Mar 2025 18:36
Jaglith..
I disagree as Canmax is not going to wait years in legal battle for them to claim Zulu for their debts…Canmax wants SC6 asap but obviously doesn’t trust GR ..and no one does! They are making his life very difficult to continue..
Big company like Canmax is not interested to get itself involved in this mess and damaging its industry reputation for a 5m Prem market value and even less as Zulu where the agreement lies.
Canmax wants production in the right grade and quantity ….they paid for it ,so they will get it on their own terms but not going into wrangle lasting years..
Just imo and probably that’s how the market sees it…hence the SP stayed in the narrow range until further news…hopefully positive and that’s why I took the risks leveraging down further..