RE:14 tribes vrs Schaft Creek???I guess with the NR yesterday, a number of aspects of the project are now subject to proper review and continued oversight under the JV. The Alaskan enviro angle has been in the background for a long time, Mt. Polley was just the catalyst.
What a bombshell that NR was. All that time and money for a BFS that results in that kind of statement two years after the fact. I'm still stunned by the wording. Those statements are used to telegraph material risk.
What could possibly come next in this story? Oh yeah, they are running out of money. Nothing like recapitalizing near multi-year lows with over 400M shares outstanding. Prepare for dilution and consolidation to keep this show going for another year.