Tethyan belt warriors10 May 2023 10:46
Ohhh I do like this:-
· WTR can earn-in up to 75% of the Project within the next three years by committing up to €1.8m in funding.
· WTR can increase its interest to 85% of the Project on delivery of a Feasibility Study, Environmental Impact Assessment and a completed Mining License application.
· Ultimately, WTR can increase its interest to 100% of the Project if Avrupa does not fund its share of the associated costs of any mine construction.
· WTR has spent over €275,000 for Due Diligence ("DD"), the development of a Concept Study, and continuing work on an ongoing Preliminary Economic Assessment ("PEA") on the Project to date.
and I especially look forward to the RNS in the future for this:-
· New Mineral Resource Estimate for the Project is in process of being completed.
I think the board are doing a fantastic job in cautiously and pragmatically moving the company forward after the 'scamdemic' and unnecessary conflict in Ukraine. Although we do have to be mindful that Kosovo has it's own geopolitical inherent risks, which sort of falls under the umbrella of the Ukraine situation.
We have evolved to be active on three fronts, Salinbas, Tavsan and Kosovo. As for the copper story in Cyprus I am happy to hold and wait until the timing is right, which could be a few years away.
If this drops to around 2p, Im moving in for more.