RE:Negotianating with Friedland is BrutalYou are all in a rush to have Ivanhoe Mines Limited develop and monetize WF right now.
I understand why you would be.
However, you would do well to consider that the cost of capital for such a project could be much better going forward and that should Ivanhoe Mines Limited stakeholders want to exclusively develop and bring WF into production, more than enough revenues from current and expanding operations would be generated after the economic slowdown which has long been projected as presenting during the first two quarters of fiscal 2024 and then dissipating like a fart into a windstorm just before that already assured (lol) November 2024 re-election of slow Joe Biden. That is how some see it as unfolding going forward.
Mr. Friedland has been said to be in a foul mood lately. I don't know about that.
Perhaps it's because his venture and time with SES: NYSE was not as profitable as he had expected it could be.
That stock has been consistently hammered since it's RTO and going public transaction involving Mr. Friedland's SPAC vehicle.
Never the less, Ivanhoe Electric Inc, IE.TO, is doing just fine and holding steady now at CAD $14.73. Mr. Friedland has a solid business partner in Saudi Arabia's Ma'aden and this came after Ivanhoe electric share price soared to heights of CAD $22.45 on March 6, 2023, from CAD$10.00 on July 20, 2022.
I am waiting for Mr. Friedland's other private investments in energy storage to become publicly listed by way of a RTO of a existing publicly listed exities issuer, speaking of VRB Energy specifically.
China loves deploying the utility scale Vanadium Redox Flow Battery Energy Storage Systems technologies throughout the country and VRB Energy is eager to provision as many VRB Energy Storage Sytems as China and Chinese industrial players require both in China and globally.
A VRB Energy Storage System coupled with a multiple souce electrical energy genration systems for projects like South Africa's Bushveld complex is - as I had told everyone here a while ago when most were picking their rspective noses and not having a clue - precisely what would be deployed there.