Post by
GripnRip on Aug 15, 2022 3:14pm
ORE CEO...looking around for projects to grow
About 1:20:00 in
https://6ix.com/event/rick-rule-series-investing-in-commodities-during-a-recession/?utm_bmcr_source=client_email&utm_source=client_email
we missed the build inflation by "skin of our teeth"
1st pour a few weeks away
Rick Rule - congrats on ' On time and On budget"
Comment by
JAYDEE16 on Aug 15, 2022 4:50pm
Nice clip. Although Paddy does mention he is used to being on one side of an M&A transaction they are will to explore aquiring or providing equity to other projects. In any case there are not many projects with this type of flexibility in the near future.
Comment by
Curbside100 on Aug 16, 2022 5:28am
Patty and Mike built the mine to sell but maybe they will keep it if the reserves keep groing
Comment by
JAYDEE16 on Aug 16, 2022 8:15am
Ya maybe. Being able to fully drill out P17 with free cash flow and paying off the debt within a year could give this market time to start valuing miners accordingly. In the mean time it doesn't mean a major won't try a takeover.