Comment by
nofluff on Dec 22, 2022 5:38pm
Thats why I am down to around 20 thousand plus shares. Setting up for an equity raise. Small raise. Big sell. nf
Comment by
nofluff on Dec 22, 2022 6:12pm
My take is. Gib is worthless. Can not even go cash positive. Decade and a half. 420 million in debt and 200 plus million in asset sales for way over 10% of the corp. Flor is the savior. If permit comes through, I might be completely out. nf
Comment by
profittaker1 on Dec 22, 2022 7:48pm
Saw that, it was dissappointing he didn't see the change in Andrew Bell's tone when he said it. I doubt any new investors will come from that interview, made it sound like a fire sale.
Comment by
slewfoot2 on Dec 22, 2022 9:54pm
cog cog cog.... i didnt listen to the interview.... but cog ... comeon.... no where did they state what the offtake pricing was... where does it state at market price?... dont lie cog... btw i respect your post.. . we do agree on 1 thing tho.... mitsui took stewrusty to the woodshed.... and i took you to school
Comment by
nofluff on Dec 23, 2022 10:16am
On surface, the the 50 million for 30 million pounds free copper sounds like a fire sale but there is more than ten years to get the copper. So a lot of compound interest. Of course ten dollar copper quickens the return. It is option award night next month I believe. Do not want sp to high:)) Consolidation time. nf
Comment by
JCSunsfan on Dec 23, 2022 2:20pm
I am slightly concerned that the specific terms of the offtake agreement have not been explained. I would assume that it is at market and it is a "first right of refusal" type of deal. This would give Mitsui a consistent and dependable source of copper when shortages might be happening.
Comment by
eiementai on Dec 23, 2022 1:30am
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