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It will be interesting to see of silver miners breakout one day hopefully soon. I wonder if it will affect us /how much of a boost we may see considering there is hardly any silver plays in LSE. Tbh I'll take any reason to get back above >1p .
The iron ore price is important if we think we getting a jv soon. A deal may involve some average moving price or similar volatility price. But the silver is pointless really
Https://www.mining.com/iron-ore-boom-of-the-2000s-repeating-this-time-with-critical-metals/
Crazy fortesue went up 50,000% in last cycle
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