Petro Matad CEO Mike Buck confirmed that he believes the Exploitation Licence for Block XX in Eastern Mongolia is likely to be awarded in Q2. Watch the full video here.
DUMONT NICKEL MINE, QUEBEC, CANADA
Dumont is No 2 on the Mining.com list. I will check separately from Mining Technology that is useful to cite details:
"As per June 2013 estimates, the Dumont deposit has PROBABLY RESERVES of approximately
1 B I L L I O N TONNES GRADED AT 0. 2 6 %.
"The PROVEN reserve are estimated to be 1 7 9 MILLION TONNES GRADED AT 0. 3 2 % nickel and the project life is estimated to be 3 3 years."
My Comment:
So, in doing further due diligence, one will see that the MINING.COM RANKING was done on the "probable reserves" GRADE OF 0. 2 6 %.
Proven reserves are 0. 3 2 % GRADE for nickel.
[Ref: Dumont Nickel Mine, Quebec- Mining Technology. To check, put this title into the search engine. ]
It is obvious that Mining.com took the data at a certain point and Mining Technology at another point.
POW METALS HOLE 1 IS PART RESULTS AS FAR AS I AM AWARE WITH EVEN THE 300M [or over?] open so more to analyse.
SO, THAT PROVES THAT 1 HOLE AT MOLOPO WITHOUT AN O V E R A L L GRADE FIGURE MEANS THAT IT WILL TAKE SOME TIME UNTIL EVEN A MAIDEN RESOURCE STATEMENT WITH AN OVERALL GRADE when ALL HOLES ARE ADDED AND INPUTTED INTO GEO SOFTWARE TO PRODUCE OVERALL AVERAGE GRADE.
FOR THIS REASON, POW*S 8 APR 2021 RNS HAS A RANGE OF GRADES % BROKEN INTO DIFFERENT METRES. N O O V E R A L L G R A D E WAS GIVEN AND CANT BE AT THIS STAGE.
So, NO CONTEXT was meant - DIFFERENT GRADE RESULTS TELLS ONE HOLE 1 MOLOPO FARMS HAS NO O V E R A L L GRADE GIVEN YET. So, it is educational at this stage.
Tues, 13 Apr 2021
AquaeSulis01
Answer: When these world class projects are RANKED ie Top 10 in the world, one cannot
CHANGE the stats in any form from Mining.com, a respected site.
So, the Management By Objective of posting the Top 10 Ranked Nickel projects is to ILLUSTRATE what sort of GRADES is the O V E R A L L deposit.
One will find that if one looks at say Mining-Technology for any deposit, they and OTHERS will not break the 1 core or cores but rather the WHOLE DEPOSIT*S OVERALL IS GIVEN. This is derived from the JORC or PFS or such like ETC.
So, my management by objective is to ILLUSTRATE only. On another POW forum, one chap said that the X and Y etc. Obviously, WITHOUT knowing EVEN basic GRADE % OF THESE TOP 10 NICKEL DEPOSITS, folks think the ranked projects are into very high % grades.
So, a look is useful and EDUCATIONAL.
If one wants to look deeper, one can do so. However, at this time, whilst it is said that the reported hole is "300M" OR "OVER 300M", it is said to be open and from what I understand, not all were tested in the 1st round as parts were sent. Hence, why said to be "open."
If you would kindly NOTE, the OVERALL was not given by POW - that needs special geological SOFTWARE to do so. So, unless one is a specialist or economic geo etc, one will NOT have the software nor the qualifications. The OVERALL CANNOT BE GIVEN UNTIL THE WHOLE CORE IS FULLY ANALYSED.
Otherwise, folks are sitting here wondering what these grades ALL MEAN? IN WHAT CONTEXT? Are they LOW, MID OR HIGH?
FOR THE AVOIDANCE OF DOUBT; I POSTED DIRECTLY FROM THE POW, 8 APR 2021 RNS OF THE FULL RANGE OF NICKEL GRADES IN %, LEAVING NOTHING OUT.
So, any more seasoned investor will KNOW the basic*s of stats from the TOP 10 RANKED NICKEL PROJECTS.
I have NOT done more work on the ranked 10 because UNTIL WE CAN GET THE FULL INTERSECTION LENGTH FULLY VERIFIED WITH RESULTS + GRADES OVER THE W H O L E CORE , NOT PART/S, IT IS NOT POSSIBLE TO KNOW. ONE SEES RESULTS FROM OTHER CO*S OF COPPER ETC EG HOLE 1 RACECOURSE 920M @ 0.33% CU EQ [breakdown given for just cu copper at 0.3% cu] OVERALL. This has NOT happened yet at POW so one can one educate GENERALLY WHAT ARE GRADES ONE IS LOOKING AT?
Hope that clarifies.
News, Tues 13 Apr 2021
Paul Johnson, CEO ,Power Metals tweet, 20 mins ago:
"Yup, totally get that - the MFC 1, 2 , 3 was QUITE SOMETHING at such an early stage.
1. Geo model confirmed.
2. Nickel suphides in mineralogical tests.
3. SIGNIFICANT NICKEL IN ASSAYS.
IN THE FIRST FEW HOLES.
So, we push on, of course."
--------MFC stands for M o l o p o Farms Complex, Boswana----------
My Comment:
I posted the world top 10 nickel deposits with GRADE %.
As said, the MFC grades came in at @ 0.2%, 0. 4 9%, 0. 7 2 % , 0.16%,0.13% & 0. 2 8 % [ 0. 6 6% ]per POW RNS 8 Apr 2021.
https://twitter.com/pauljohnson9691/status/1381937087138705411 Tues, 13 apr 2021
AUSTRALIAN JV ASSETS PROPOSED TSX LISTING- VICTORIA , AUSTRALIA
AB, Chairman, POW speaking to Proactive Investors [Interviewer in New York]
https://twitter.com/RRR_RedRock/status/13800164505284571136 Tues, 13 Apr 2021.
- NE43 101
"Associated timings."
The sound was a bit difficult to hear so if others can help out, thank you.
News, Tues, 13 Apr 2021.
"The biggest lithium projects in the world -TOP 10."-Mining-Technology
https://www.mining-technology.com/features/top-ten-biggest-lithium-mines/
Quote:
"SONORA lithium project is the BIGGEST LITHIUM DEPOSIT IN THE WORLD." [pic caption]
"The mine is estimated to hold proven and probable RESERVES OF 2 4 3 . 8 MT
C O N T A I N I N G 4. 5 MT OF LITHIUM CARBONATE EQUIVALENT [LCE]."
"Initial mine life 19 years."
[BCN & Ganfeng mentioned as JV partners and La Ventana]
---
My Comment:
Kindly note that Sonora BCN-GANFENG*s deposit is 2 4 3 . 8 MT.
Then, C O N T A I N E D LITHIUM CARBONATE EQ [LCE] IS 4 . 3 MT.
It has ALREADY BEEN REDUCED TO ACTUAL LITHIUM, HENCE THE WORD "CONTAINED."
------
2] REM*s 2015 RNS [post below via this forum this Sun] stated " 8 . 8 MT." [Ind & Inf]
3] David Lenigas*s tweet: 1 3 MT SONORA AND CINOVEC IS 100 BILLION BUCKS.
If one minuses 13Mt from 8.8Mt = 4.2 Mt for Cinovec approx. Not sure whether DL used 8 or 8.8Mt as a rounding figure.
4] Mexican article from E & T from BCN: "OVER 8MT @250 years"
This would be the WHOLE OF SONORA INCLUDING REM 30% GREATER SONORA LANDS VIA SONORA LITHIUM LTD [LLC].
5] The Mining Technology 10 biggest lithium reserves for Bacanora at 4.5Mt [Gan JV] is only for their MINE [proposed] @ 19 years mine life.
6] TOTAL SONORA = 8.8Mt
A L L D E D U C T E D ALREADY as its a "CONTAINED" figure.
---
Your reduction of 8.8Mt to 1.66Mt has REDUCED SONORA further which NO OFFICIAL FIGURES SHOWS AS ABOVE. It says CONTAINED = LITHIUM CARBONATE EQ.
BIG DIFFERENCE?
EXHIBIT 5 OR 6
EVIDENCE
PROOF
Observer842 -- David Lenigas never gave your figure of 1.66Mt for the whole of Sonora and this is NOT in the REM RNS of 2015 nor his tweets which I posted yesterday, Sun, 11 Apr 2021.
I gave the links to his 13Mt for Sonora & Cinovec which he said 100 billion bucks.
LET*S JUST LET THIS TOPIC END.
IT MAKES NO DIFFERENCE - IF YOU THINK IT IS 1.66MT WHICH YOU REDUCED FURTHER FROM 8.8MT WHICH BOTH REM AND BCN QUOTED, THAT IS UP TO YOU.
FOR THE AVOIDANCE OF DOUBT - I Q U O T E SO MANY SOURCES & THEY ARE VERBATIM.
I HAVE PROVIDED EVIDENCE AND EXHIBITS AS SAID ON SUN, 11 APR 2021.
So, its time to call an end to this topic.
News, 13 Apr 2021.
Wanted to get a cup of tea.
Try multipling your figure of 1.66Mt of Lithium by US$13,000 mid-price for Lithium Carbonate and see what you get. It will not come to the THEN US$50bn per D.Lenigas then [REM AGM] or from the tweet wherein he said Sonora & Cinovec 13Mt is $100 billion bucks. See my post below for the links to his tweets.
??
"World*s Top 10 NICKEL projects."-Mining.com, 17.3.21
https://www.mining.com/featured-article/ranked-worlds-top-10-nickel-projects/
"No: 1 NORI -Pacific Ocean 4.83Mt GRADE: 1. 4 %
No 2: Dumont -Canada 4.3Mt GRADE: 0. 2 6%
No 3: Decar-Canada 2.4Mt GRADE: 0. 1 2 %
No 4:Turnagain-USA 2.3Mt GRADE: 0. 2 2 %
No 5: Twin Metals-USA 2.3Mt GRADE: 0. 1 8 %
No 6: Sangaji -Indo 2.09Mt GRADE: 1.7%
No 7: Goongari, W.Australia 1.7Mt GRADE: 0. 69%
No 8: Crawford-Canada 1.68Mt GRADE: 0. 2 6%
NO 9: Mesaba-USA 1.6Mt GRADE : 0. 1 0 %
No 10: Wingellina, W.Australia 1.5Mt GRADE: 0. 93%
POWER METAL - MOLOPO FARMS COMPLEX-BOSWANA
A.Bell, Chairman of Power Metals tweeted : "AND NICE GRADES, REALLY NICE."
8 Apr 2021
https://twitter.com/RRR_RedRock/status/1380164505284571136
To see the grades for Molop Farms assays, click above RNS icon of 8 Apr 2021.
P.S.
Someone asked in the Alan Green thread : PJ doesnt respond to the favourite project question.
Alan Green*s answer: "YEP....THE IMPORTANT STUFF WILL BE IN THE MAIN INTERVIEW OUT TOMORROW."
Click on the link to view.
PAUL JOHNSON INTERVIEW
Mr Johnson mentioned 9 project.
Also, mentioned A U S T R A L I A earlier.
Plus growth started.
https://twitter.com/Brand_UK/status/1381693179368460289 8:38pm, Mon, 12 Apr 2021
Paul Johnson ,CEO, POW interview just out with Alan Green.
MAIN INTERVIEW 7PM TOMORROW.
Questions:
1]"Why should an investor put money in POW.?"
2] "What is your favourite project?"
3] "What needs to happen in 2021 to trigger further growth?"
M O L O P O F A R M S -BOSWANA
-"Deliver nickel suphide."
-"Significant nickel intersections."
"Major news in fairness, had some, lots more ..."
" B O S W A N A - TANZ."
JOHN CORNFORD, MINING ANALYST, MASTER INVESTORS , 12 APR 2021
on Bacanora Lithium and SONORA:
"..AND AN ALMOST U N L I M I T E D MINE LIFE."
"..OF THE LARGEST POTENTIAL LITHIUM SUPPLIERS IN THE WORLD- BACANORA*S LITHIUM S O N O R A LITHIUM PROJECT IN MEXICO."
Link: https://masterinvestors.co.uk/equities/johns-mining-journal-bacanora-lithium-amadale-capital/ Mr John Cornford, Veteran Mining Analyst
My Comment:
LAST E X I B I T
EVIDENCE
PROOF
FOR THE AVOIDANCE OF DOUBT
EVIDENCE FROM:
-REM PLC RNS - MY POST TODAY, MON 12 APR 2021 [EXHIBIT 1]
-MEXICAN ARTICLE [RECENT] BACANORA LITHIUM OVER 8MT LITHIUM WHITE GOLD
-DAVID LENIGAS, FOUNDER AND CHAIRMAN, REM *S TWEETS IN 2015 /2016 RE:SONORA
-JOHN CORNFORD, MASTER INVESTORS , 12 APR 2021 - SONORA
REM - KDNC HAS A 30% JV WITH BACANORA LITHIUM IN SONORA LITHIUM, MEXICO
AS I STATED, I AM QUOTING VERBATIM FROM THE ABOVE, TO WHICH MR OBSERVER842 DOES NOT AGREE WITH INCLUDING WITH DAVID LENIGAS OR FROM BACANORA OR REM PLC RNS ETC.
CANT SAY ANYMORE THAN EACH TO THEIR OWN.
AS SAID , N O T MY WORDS - ALL VERBATIM FROM SO MANY SOURCES INCLUDING BACANORA ETC.?
DAVID LENIGAS, CHAIRMAN OF REM TWEET:
"SONORA AND CINOVEC HAS 13M TONNES OF LITHIUM." 18 Dec 2015 David Lenigas
https://twitter.com/DavidLenigas/status/677986620172345348
[2] David Lenigas: "The Sonora lithium project has ONLY BEEN DRILLED OUT FOR A SMALL PORTION OF ITS EXTENT. LOTS MORE TO DRILL UP IF NEED BE. CLOSE TO USA." - TWEET DATED 27 DEC 2015
https://twitter.com/DavidLenigas/status/68122014720081921
[3] David Lenigas: "SONORA & CINOVEC RULE! 13 MILLION TONNES OF LITHIUM C A R B O N A T E IS KEY. THAT*S A HUNDRED B I L L I O N BUCKS OF THE ST U F F."
https://twitter.com/DavidLenigas/status/705636358056837122 dated 4 Mar 2016
[Mr Lenigas also gave a link to an RNS with this tweet].
My comment:
E X I B I T 3
3 TWEETS FROM MR DAVID LENIGAS, FOUNDER AND EXECUTIVE CHAIRMAN OF REM PLC WHO
GOT THE JV WITH BACANORA IN THE 1ST PLACE FOR SONORA LITHIUM, MEXICO.
MR LENIGAS NEVER SAID TO REDUCE THE 8.8MT TO XYZ.
HE SAID AS ABOVE THAT*S 100 BILLION OF THE S T U F F THEN.
EVIDENCE
PROOF
of my Sun, 11 Apr 2021 post on this forum.
News, Mon, 12 Apr 2021.
F O R T H E A V O I D A N C E O F D O U B T.
I QUOTED VERBATIM WITH THE 3 EXIBITS FOR PROOF-EVIDENCE.
So, NOT from me.
Mexican article from E & T, dated 26 Mar 2021
Link: https://twitter.com/knobcore/status/1375501640208314368 26 Mar 2021
Quote:
"..was just above 8Mt of the WHITE GOLD - 250 YEARS WORTH OF RESOURCE, BACANORA CLAIMS. SONORA*S RESERVES ALONE CAN COMPETE WITH ENTIRE COUNTRIES [SEE GRAPHIC], CHILE FOR INSTANCE , WITH 9 MILLION TONNES , IS ONE OF THE TOP LITHIUM EXPORTERS."
Quoted verbatim.
E X I B I T 2
EVIDENCE
PROOF
of my post on Sun, 11 Apr 2021.
News.
Exibit 1 & 2 to back up what I said with LINKS and EVIDENCE for what I stated.
Mon, 12 Ap 2021.
"Indicated and Inferred 8.8 Mt LCE."
Quoted from REM plc RNS, 23 Nov 2015
"Significant resource increase of over 300% at Sonora Lithium project, Mexico."
Link: https:/twitter.com/stefixy/status/668705514348498945 23 Nov 2015 REM plc RNS.
[Also sent to David Lenigas by Stefixy]
REM plc NAME CHANGED TO KDNC [Cadence Minerals]
E X H I B I T 1
EVIDENCE FOR MY LAST POST SUN, 11 APR 2021.
FROM REM RNS AS ABOVE AS PROOF.
At HL, no quote to buy even 1,000 shares at advertised 7p [not live] right after the bell at 8am. [+0.72%]
But can sell and offered better price than advertised 6.9p.
So, Mr Market is at ...stand-off.
All weekend the discussion with one XYZ and he has ended with another U turn.
But meanwhile, the market makers are doing the business of buying and selling XTR stock -others can check as some other brokers may offer stocks but maybe more expensive from what one has seen in the past?
However, do check.
News, Mon 12 Apr 2021 [Day of lockdown ending]
More time for outdoors. @8:31am
observer842
I note that you have asked others on the main forum to help you.
Let me say this. I have said that the 8.8Mt comes from E & T interview and these figures are from BCN. On REM, you did know what the E & T article stated @250 years and Chile 9Mt.
Also, the REM Scoping Study on Sonora also stated 8.8Mt which I posted on this forum with the date of the RNS from RECALL, so you can look through the posts.
D.L has also commented on BCN Sonora and EMH and put it at over 13Mt from recall and said it was $100b from recall. I have to re-check as that was a tweet.
However, you have cut it down to 1.7Mt for BCN*s lithium at Sonora.
Does it matter? Well, readers of this forum will have to CHECK.
That*s all I can say. Just as KDNC said that Amapa value was $600m in the Q & A interview recently but you say on the main forum it should be $1.2bn if I recall? Mind you, that was a valuation done presumably by an investment bank who are familiar with such valuations.
That ends the conversation. Each to their own. I STICK WITH WHAT IS PUBLISHED BUT DO CHECK AS I DONT HAVE THE FIGS ON ME - ITS IN THE NOTES AND HARD TO LOOK THRU NOW.
HOWEVER, IT WAS POSTED ON THIS FORUM ETC ETC.
Mon, 12 Apr 2021.
LoL
FatherTedFeck- you NOW prevericate. From cu to better with cu eq, latter of which I quoted and you found to be .....[unmentionable].
So, in your NO fresh assertion of ..., you ACCEPT that your earlier assertions was BASELESS AND WITHOUT MERIT.
YOUR THESIS:
I note you say "YOU"- so you are now a professional analyst vs XTR.
What you fail to point out is XTR*s Racecourse at Hole 6 [under XTR] is only a EARLY POINT IN THE DISCOVERY.
You are pitting yourself as a layman [you never mentioned you are a household name in the investment analysis industry] against BODA/EDISON & XTR + CEO {mining engineer from Anglo-American, Mr Read, Director, Former HEAD of BHP AUSTRALIA -Africa & Mr Menzies, Lachlan Fold copper specialist. Then, there is the MACKENZIE study - supply tightness and lack of copper projects in Tier 1 jurisdictions which majors are interested in.
So, OUT OF THE 10 TOP WORLD RANKED, 3 FALL INTO THE GROUP I LISTED VS XTR CURRENTLY.
So, you think that the 3 IN WESTERN JURISDICTION is of ....?
You have a view but that view has to be CONFIRMED FURTHER DOWN THE LINE.
If you turn out to be wrong, then your social media reputation on the London South East will show 0 for Racecourse, Bushranger. In the USA, everyone is ranked by success and failure rate depending on their FORECASTS.
So, let*s revisit and until then, its over to XTR and further drilling - district is mentioned so TAKE NOTE.
With thank, it ends all conversation with your goodself.
News, Sun 11 Apr 2021.
Hurrying off so no time to edit for typos..
NEW PAUL JOHNSON INTEVIEW ON YOUTUBE, SUN 11.4.21
What I could hear [kindly check]:
-Molopo Farm Complex, Boswana
FEEDER ZONE CORRECT.
Confirm Nickel Sulphide [Univ]
SIGNIFICANT INTERSECTIONS
Delighted
Large scale target/s
Demand for nickel suphide-Yes?
Being monitored? Yes? [From the past, I recall POW said that MAJORS WERE INTERESTED?. Please check?].
--
Rest of the new interview:
KALAHARI KEY -JV WITH KAVANGO.
DRC 6.8KM ANOMALY - yes, interest if of sufficient S?
AUSTRALIA.
ETC.
"WE MAY BE AT A VALUE INFLECTION POINT."- PAUL JOHNSON, SUN 11 APR 2021
[Note taking and listening may have errors so please listen and check and correct if wrong. Thanks.]
My comment:
Posting what Paul Johnson said today [thanks to dgbell7 for link] in order to see how accurate one reported on Molopo Farms Complex [nickel sulphide].
FOR ME, THE TAKE-AWAY WAS CONFIRMED FEEDER ZONE which is of interest + significant intersections & nickel suphide found by the uni.
Now, comes next assays, down hole analysis, technical analysis etc as Paul Johnson added.
As said, the DEEPER DRILLING will be of interest.
observer842
I have just seen your reply to me.
Fair enough. You want to concentrate on Amapa so that people can SEE VALUE.
Unfortunately, that is NOT the view of the MM*s at the moment given the timelines as said.
So, unless you can convince the MM*s or Mr Market, then there may be NO serious re/R?
Already, it has fallen 2 days when predictions that it would SHOOT £1-£1.5 on shipping has not been AGREED to by Mr Market.
Hence, why an ANALYSIS will have to be done of ALL KDNC*S ASSETS in order that the market can correctly assess as norm.
So, we agree to disagree.
News, 11.4.2021
In the meantime, it looks like the pattern of the past and one that could be common to many AIM co*s in general ie traders in and out on news events or anticipating news events.
I do subscribe to Efficient Market Theory which was the cornerstone one studied.
Pretty useful and what one is trying to analyse - KDNC may not be revealing INTERNAL MEETINGS to talk about the same things?
So, if one were to look into this, it is helpful to be ahead of the curve or the market which will be evaluating WHETHER ONE LIKES IT OR NOT.
PAST- people on the KDNC forum used to ask WHY IS THE SP NOT GOING HIGHER.
One day, I decided to tell the forum to look at the MARK-TO-MARKET and to do this on a more regular basis to see how far the SP IS VS the underlying mark-to-market investments KDNC holds.
SAME FOR ONE*s OWN PORTFOLION - if one has QUOTED AND LISTED SHARES which will involve daily mark-to-market and for UNLISTED SHARES, the grey market is helpful if there is one. Or else VALUATION HAS TO BE TAKEN as is norm PRE-IPO in the USA.
So, we leave it there- we cant agree or rather you cant agree with the published data?
Thanks.
News, Sun, 11 Apr 2021.
This ends the discussion and I can now take my leave. DYOR, IMHO. PLEASE DO DUE DILIGENCE AND CHECK.
With all the hoo ha , will GAN take over possibly BCN? It is NOT usual to buy some 29% of a co if one did not want to take it over? Logic but I am NOT certain as there has been NO previous pattern to show either way?
Can they now with all the Mexican hoo har? Will they? Only they know at the time.
That was why REM bought 20% of BCN and a 30% share in the Sonora Lithium Ltd [SLL] so that it takes up their stake to a higher economic interest. IN CANADA, DL EXPLAINED THAT THE THRESHOLD IS DIFFERENT TO LONDON @20% NEEDED. INDEED, REM DID MAKE AN OFFER WHICH BCN LET OUT TO MKT THEN. So, some basis.
TAKE-OVER OR PRODUCTION [GAN] ?
In both scenarios, one still has to be forward looking from KDNC*S VIEW.
It will help with CASH FLOW ANALYSIS. Litchfield also has to be taken into ACCOUNT.
Then, one can PLAN CASH FLOW ANALYSIS GOING OUT FOR AMAPA, SONORA & LITCHFIELD.
No co usually waits TILL it happens one day and its all a SURPRISE. Listed co*s dont work that way given accounts will need to be 12 months ahead at least to qualify for continuation.
GOING FORWARD, THE LONGER TERM PLANS HAVE LANDED ON KDNC [REM MEXICO]
GIVEN BCN IS TALKING A LOT TO MEXICAN PRESS AND GIVING OUT NEW INFO.
If one were the CEO of KDNC, one may have to speak formally to BCN or put it in writing as to the release of NEW INFO ie BCN-GAN PLANS. Obviously, no one can be SO SPECIFIC IE US$2B UNLESS ONE HAS THE ACCOMPANYING FIGURES OR STUDY TO GO WITH IT. Nothing is done haphazardly in biz as norm.
WITHOUT LOOKING AT THE PRECISE CASH FLOW ANALYSIS, ANY CO WILL BE SITTING IN THE DARK AND WAITING FOR CASH NEEDS WITHOUT KNOWING WHAT IS HAPPENING.
HENCE, WHY CO*S ALL PRODUCE CASH-FLOW ANALYSIS AND LONG-TERM UNPUBLISHED CASH FLOW ANALYSIS AND STRATEGY otherwise it could be MESSY? it is norm to do so.
SONORA
Obviously, now that so much is revealed by BCN, REM Scoping Study and DL*s tweets from the past, KDNC will have to GET MAX VALUE. TO DO THAT, THEY WOULD NEED M & A EXPERTS in order to prepare for whatever route GAN will take. Cant see BCN has the money to take REM over for their % share. GAN will NOT be giving BCN FREE MONEY to pay their part so do they buy MORE OF SONORA LLC FROM BCN/REM etc to GAIN OPERATORSHIP at 51% or 66%, latter you mentioned for a special case.
I rest my case. ACCURATE ANALYSIS AND KNOWING THE PATHWAY OF KDNC will provide a more accurate analysis of sp going forward. MR MARKET WILL ALSO BE DOING THE SAME THING.
All for discussion only. IMHO. DYOR. Please do due diligence and ask KDNC or BCN to confirm etc.
11/4/21 News.