TSXV:TVC.H - Post by User
Comment by
jetfuel10Xon Mar 31, 2022 6:15pm
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Post# 34564877
RE:News out
RE:News outAnglo dont want a shut down; that will postpone the production by minimim 2 years - probably more;
Bachus that is one of the Anglo consultant was hire by us to find a solution;
"
The senior secured lenders have reiterated their continued support of MTV and are working with the company and MTV to realize the robust economics from this underground mine. As part of the decision process to start the block caving operation and at the request of the senior secured lenders, MTV engaged consultants to undertake a technical optimization study in respect of Papomono. Phase 1 of this study has been completed and it supports the decision to start the operations of the Papomono block caving mine." Sacks45 wrote: Differed March 31 22 payment and if this situation is not resolved in 30 days MTV is toast. I'm outta here again 1st thing tomorrow. Those lenders I believe are gonna steal the mine when it's sold under bankruptcy protected. Goldy thoughts?