RE: ECR Interview sounds good8 Jul 2024 17:33
Afternoon Talking Sense
So they have to go market the tax losses to a " very specialist and relatively small" market, persuade one to go into partnership with them and cough up the funds, then sell MGA after having a vote on it by shareholders. I can't see it happening in 2024.
"they could hit a willing client first call" you honestly believe that?
" I'm guessing you have no idea what a good grade and depth is for antimony?"
There are 3 things at play here, one of which ECR has failed to tell us.
Depth of Sb
Percentage of % in the sample
Grade of Sb
So we have not been told the grade of the Sb, I wonder why? After all they can work out how much (%age) Sb is in the core sample but for some reason haven't released the grade of Sb. Only leads to more questions in my book. Is it 32% poor grade Sb?
In terms of depth, even you must be able to figure that out? Which would you rather have 32% Sb 2 metres from the surface or 32% Sb 143 metres from the surface. If you need me to answer that one for you, then good luck with your investment decisions.