RE: San Cristobal agreement finishedI thought Sumimoto closed the management deal a year in advance (as they have recruited and got their own staff trained) and payed some more millions (3-4?) for this premature closing. Nothing peculiar about this.
I would also venture that our management has great confidence in the El Qeavar project(s) as they are building underground tunneling with "mining quality" already now.
Of course they are hoping to be able to start construction of a complete mine early next year. It will all depend on securing financing of maybe some 65-85 mill usd of construction costs? And that could of course be a major problem?
On the other hand - if succesfull under reasonable terms and dilution, the company will be "worth" multiples of todays valuation.
So I will be betting on this puppy with some 10-15k shares and hoping to get some help from an exploding Silver price??
BR