RE:RE:RE:RE:RE:RE:RE:RE:RE:Looking forward to the next financing announcementWhy so negative ole black?
A corporation that has the secret sauce, doesnt sit on it for a decade allowing competitors to catch up, and common sense dictates that if any of these potash hopefuls has already solved the elusive downhole puzzle, they would be producing economic novel potash as we speak.
Two have recently tried and so far, very little positive news from either.
You say flogging a dead horse, and I say there is only one horse. No novel production / no potash to sell! It really is that simple.
As for OPEX / CAPEX, I must have missed the update, so please be so kind as to post the press release, as almost a year ago it was reported:
"Gensource continues to progress its short-term financing, which the company anticipates will advance the near-complete bridge engineering work for the Tugaske Project. Key deliverables for the bridge engineering, anticipated to be completed in early 2023 include: - Confirm and update the AACE Level 3 capital cost estimate (first completed in October 2021).
- Confirm and update operating cost estimates.
- Pursue exciting new CAPEX and OPEX reduction opportunities.
- Bring key procurement contracts for the Tugaske Project to a ready-to-sign status.”
Looking forward to comparing those updated CAPEX and OPEX calculations to the previously reported 2017 Vanguard assumptions
https://gensourcepotash.ca/wp-content/uploads/2018/02/Gensource-Corp-Presentation_December-2017.pdf