The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Deanok how exactly does this exclusivity rights play out though. First to put in an official offer but obviously we don't have to accept any old terms. If we think offer is poor we can just terminate it I assume
Norm not against that, like you say if a bank was willing to lend even at 5% it would be paid back in a year. The issue is a bank might want a DFS vs a miner who can understand the study better and accept its basically a DFS minus few small things missing.
I could be wrong if its a quote from interview.. will need to look again, but just because its not mentioned why would you assume its fell through anyway? Still one of the interested parties I am sure
Sinter is that noise will on shift? Once you finish a shift you will be in a quiet TR site or drive back to local town I would imagine. I really can't see this being an issue. Do we know if other miners in the area or fenix had 24hr operations . I am in favour just to double the cash flow or have a flexible system based around the price of DSO. Am not concerned about us not being able to supply 3mt a year
My thoughts are in line with DBR if they mentioned the possibility of it then am sure it's normal practice / allowed. The nearest town like 15km away and that town surely has to be pro mining and everyone there is employees directly or indirectly by mining. So can't see them complaining. Also I want us to be 24hr operation . Like DBR said if the price is good why wouldn't you take advance of this . Probably more work can get done on nights due to the temperature also. Doubling the cash flow from day 1 allows us to drill more and keep the reserves coming
Tango it is worded badly . I agree that if point 4 does not apply ie we don't lose interest in project within 60months then the calculations listed in point 5 will not come into affect and irrelevant. But the sub point c in point 5 doesn't make sense it's almost contrary to the initial clause. How can you lose interest and also mine
Do we actually need a final DFS if the partners we talking do aren't bothered by it and have enough information from this report ? To me if its not needed it's not needed but they should communicate that we have stopped short to save money and unless partner requires it we will we have enough information for final decision etc
Yeah but it can't be hard to find a ceo. I mean I'll take less experience for local knowledge and integrity ,someone who wants to stick around and have us become a mid tier miner. Any experience or info they lack they can bring in advisors. This whole strategy of getting one person in do one job then push out is terrible. Now you will struggle to get good honest ceo.
yeah i also don't understand why it's proving to difficult to do what fenix did . honestly thing the ****ery of london listed companies/aim and everyone at exc level looking out for eachother is to blame. the oz probably don't act this way or put up with this crap they just get honest ceo in who wants to mine . i'd love to see us get a australian ceo in perhaps someone who worked on fenix to get us across the line. someone who isn't involved in or on board of anywhere else.