RE:RE:RE:RE:RE:RE:RE:I like what I seeHi Sooner,
So what will cause our market cap to increase to effect the offer price??
1. Move forward on "Permitting" to derisk the Casino project to the shovel ready stage, as we budgeted to complete this task, don't stray off course.
2. Wait for the global prices of Au & Cu to recover in 2024? after inflation & the
recession have passed. What we do know, gold & copper pricing are projected to increase substantially, as we move forward into the electrification era. It all comes down to supply/demand for these metals, which is in our favour.
We have the right metal combinations & tonnage, all we need is the right market time to sell it to maximize our profits, patience is of the essence to maximize our sale value.
3. More competition in terms of a bidding war with other Majors should also impact our market cap. As mentioned previously, others will be arriving late to the party.
What we do know, RT will extend the one year Partnership Agreement for negotiations? as no planned drilling schedued for 2023.
Meanwhile WRN will spend the next year dealing with the YESAB's permitting process to get shovel ready.
What we having going for a maximum sale value, is a high IQ BOD's for negotiations who will get the job done, current PEA & FS at Casino with a 50 year+ LOM & huge profits to industry, with a project that will be shovel ready when the timing is right to sell, no sooner.
Blue