George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Am I correct in thinking that by delaying the drilling and extending the Pegasus loan JA's share of any royalty (via Pegasus) increases from 25% to 37.5%? If the loan is then extended again it increases to 50%?
If that is correct then it seems to me that JA is financially insentivised to continue with the delays. The longer he drags his feet then the larger his slice of the pie becomes.
Can someone please put me straight on this if I have misread the RNS of 4th March.
TimeMachineUser, I think you will find that "The Great Reset" is very much a thing.
https://www.weforum.org/great-reset
The central banks are not concerned about what to do, they are at the heart of it.
If DB wants to accept the credit for bringing the mine into production then he must also accept responsibility when things aren't going well. Clearly things are not going well therefore he must resign himself to being held accountable. This isn't Dan's company, it belongs to the shareholders and Dan is employed to do a job for which he is well rewarded. If he doesn't do a good job then he needs to either improve or be replaced.
Hence I'm in.
16% Cu, that is 16% Copper, 16% plus 222g/t Ag. Phenomenal, brilliant, outstanding. Most mines operate economically on grades of about 1% if my memory is correct.
Why aren't we moving up on that? This is/will be a globally significant deposit/district and Mtr are in the thick of it.
Surely we have a very bright and lucrative future to look forward to in Mtr?
Ash, I'm fairly sure (99.99999999%) that when water evaporates any salt content is left behind. This method has been used to harvest sea salt for thousands of years.
Try it at home. Add rock salt to hot water, stir for a few minutes, filter the debris and stones out with a coffee filter and then gently evaporate the water. As if by magic, you will be left with salt.
As for the Guardian article, it's the same politically motivated scaremongering they would vomit out in Britain each summer. Keep the plebs scared and therefore servile.
I'm surprised at you Paul, posting links to that rag. You have escaped lines this time but only just. Let's not have a repeat of this behaviour.
EL, we certainly shouldn't forget Rio's potential involvement.
ISA, Mark made it clear that he didn't like the option of a sale for equity. He seemed not to like the idea of having to do due diligence.
Either way things will defo hot up here, just a matter of time. I will be amazed if we ever produce gold from our own plant before being taken out. I would also be very surprised if the game plan isn't already laid out in the background. I think that things just need to click into place for things to be triggered.
Ask yourself. Will the big boys allow a piddly £50 million company to keep 5+ million ounces of high grade gold all to themselves? I for one am certain that the answer is no.
Tester, I would think that Calibre's management are very aware that there is no way on earth that they will pick up CNR on the cheap. MC and JM, not to mention we 10 yearers, just would not sell out cheaply.
In the q and a interview, when asked about an acceptable buy out price, MC said something about several hundred million dollars.
So if Calibre like the look of CNR and want to buy us out (and why wouldn't they?) then they will be aware that our share price needs to be much higher. They can't justify a several hundred percent premium to their shareholders. So how could they facilitate the increase in CNRs share price whilst at the same time making back some of the extra money a higher share price would cost them?
Any ideas anyone?
Noel, I respect that you are not McCoy about expressing your view but please don't shatner people's hopes for this enterprise. We are just trying to klingon to some optimism based on the bare bones of information we receive and the odd spock of news. It can be a piccard thing to do.
Phew, that has exhausted my Star Trek knowledge. How did I do Noel? I've probably missed loads.
Am starting to think that maybe JA is an arrogant ar%e#+le. Disregard and contempt for shareholders (part owners of the company) is something that I simply can't abide.
The assets here are potentially fantastic but it's important to have management that you can trust and I am no longer sure that I do.
How do these hyenas sniff out scavenging opportunities so quickly? They then circle their victim as a group with individual members darting in to take small bites until it builds up and the whole pack become frenzied.
All to make a bit of beer money at other people's expense.
The US government/Fed (all the same globalist corporate entity) are launching a digital currency in the new year. People will download a digital wallet onto their smartphone and the currency will be credited to it. So any plandemic relief payments will be in this new currency to insentivise adoption of the system.
Paper fiat will be printed and inflated to oblivion. Then there will be a great economic reset (their term) and a new digital global reserve currency. All of everyones' transactions will be monitored, skimmed and controlled. Hence own physical metals. If you don't hold it then you don't own it.
https://goldsilver.com/blog/digital-dollars-coming-to-your-phone-alarming-plan-revealed/?utm_campaign=20201008_Mike_Video_Newsletter_Digital_Dollars&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius
BigDog it is so refreshing to gain insight into your lucid reality paradigm.
The CGT hike will be just the thin end of a very large wedge.
They are coming after EVERYTHING you own. Don't believe me?
Well here it it straight from the World Economic Forum themselves.
You will own nothing and you will be happy!
https://youtu.be/W56wtPXnXNo