Post by
mattbigham on May 20, 2024 7:00am
Scott: Monetising/spinning out Keno
Finally, the option for non-dilutive development of La Plata is being openly discussed by President Petsel.
Limit Newmont's 'percentage for peanuts program' and develop it as independent from NEM as possible:
4:40 "...monetise,potentially spin out-everything is on the table..."
11:00
Colorado's La Plata:
"We have identified three or four drill ready targets that we think will have similar results to what we have seen at La Plata.
The scale of the system-that we control-has never been fully tested.
We are super excited about that.
District-scale opportunity. 8x10 km. system.
"Pre-pandemic,when we had not drilled a single hole at La Plata our share price was eighty cents for a while and a MCAP around $100m..
We have done nothing but building resources and improving our prospects and adding tangible value to the company and it has not been recognised by the market...."
https://www.youtube.com/watch?v=dOof_wjOU-U