Future Strategy9 Dec 2021 12:58
To follow up my previous post.... prior to the initial PFS delay, we had, on the website, a published strategy, which included a project plan to develop Alpala to production. This plan, in gantt form, had high level milestones, with dependencies. A few of the milestones slipped a bit, but following the PFS rethink, it was removed, without comment, never to be replaced. Now leaving aside my belief, shared by many, that we’ll never take it that far ourselves, we, the shareholders, surely have a right to see the corporate plan/strategy to monetise our investment. Quady (sorry to single you out) you are probably the most vocal “listen to what the board are saying” proponent, but at the moment, they aren’t saying anything in detail.” We intend to become a major mining company in Ecuador” seems to be it... ok, but how? From the AGM, and in particular from the new boy, I want to know
When we will get the PFS
What the financing strategy is both for building Alpala, and ongoing exploration of the other tenements
I’d also like to know what Citi are doing, and what we are paying them for.