RE: Big Sell!16 Jun 2021 18:53
Hello Bozi and Dart, I unfiltered addicknt to see what the discussion was. ( waste of time, he's now filtered again ).
In an earlier post I made the point that the path that Solgold have announced for Alpala is a revised PFS with higher Gold and Copper prices, and build Alpala.
I also mentioned some people try to twist any announcement to we are selling. What utter tosh.
As you guys correctly say strategic options could mean anything, and doesn't necessarily apply to Alpala.
We are JV'ing 20 tenements, which converts to 10 sites, we are advancing Porvenir, We are preparing the PSF for Alpala, and looking to create a CFP. Many strategic options are already happening on many fronts, with more to come.
For me the interesting part is we didn't take up the extra 50 million from Franco Nevada. I think this is because we don't require it to get to DFS for Alpala, as this money could only have been spent on Cascabel.
Also it means that in the future we can still reduce Franco Nevada's 1% to 0.5%, which is a desirable position, if we can achieve it.
In short the company is doing exactly what the company is saying it's doing.
All the best.