RE: News article9 May 2025 07:51
Addicknt I always read your posts with interest.
I have never said that production was certain, like you I look at the evidence.
You understand cooperate life, I don't.
What I can do is assess what likely outcomes are.
The fact that from early days we had companies taking a share in us, was a good thing.
The fact Nick Mather kept the book diverse meant no one got a controlling interest, and although that to my mind made a sale unlikely, we still had the problem of how to raise the finance.
Largely these questions no longer need to be asked.
However I do share your concern about losing control.
Again I don't believe this will happen.
We have got the expertise, we just need the cash to get open cut up and running and this becomes self financing.
Once we have established cash flow we can borrow and accelerate a full block cave operation.
This does leave the question over our other tenements, not sure how they will turn out, but we are in a much better situation.
We should be able to arrange partnerships if we wish, otherwise we may expedite Porvenir and this may be up for sale.