These are the type of assets3 Oct 2018 19:17
Majors want and it’s the only reason I’m here - nobody wants a £1 billion NPV in the Congo with uncertainty.
That’s why gold resources in Australia are valued at $100 per ounce in the ground and some in Africa are $1!
Stable countries - no uncertainty, no risk, good asset, good metallurgy, reasonable size - they will buy, build the mine and use local infrastructure and smelters.
No brainer! Mine worthy projects it’s as simple as that.
Good metal prices leave majors with cash to use...... Toral fils that void
Here for long term, general trend is up - yes little pull backs here and there but let the asset ride put with the news flow. We have cash to keep going and have things lined up to do.
Looking juicy