Post by
rockminer56 on Apr 17, 2024 12:13pm
A Few Notes- -IIF
-apparently one individual dumping stock, which is disappointing to Black as well as us. Sounds like there will be an end to it. My take is that Black feels the stock should be very much in a different place.
-Sandong......draws for No 7 & No 8 are well advanced and an announcement shortly
-Moly......this deposit and demand from end users is beyond what Black expected. Sounds like plans are to spin out a seperaty entity (company) for moly. Will release presentation shortly....they applying for subsidies from Govt to assist with drilling moly deposit, or if they have to , will find cash from existing structure-The South Korean govt is pushing to advance downstream project-NO CHANGE IN CHART RFOR SANDONG PROJECT- outlook...this is chart we have been looking at for a few years