RE:Dave PalmerRose hill,
Yes, Dave P is easy to talk too. The projects are quite a bit different in that they will continue to expand at Borden with consistent decent grades and tonnage.
Val dor is a project that still has a lot of potential. Whenever PRB finds a long close to surface hole ....say 1 gm per ton over 104 meters ( 2 NR’s ago ) then this needs to be expanded and drilled out to move it over to the proven side.
I suspect if PRB has 2+ million ounces then possible a share increase back to the 1.35 to 1.75...and one final tranche of flow through... to raise about 30 million
One wild card is Cadillac break east . PRB most likely has an offer on the table for a full 100 % they can fulfill every requirement to get to 70%. That’s the announcement I would like to see.
- 43-101
- flow through offering
- Cadillac break east 100 %
Then with some luck a 3 to 4 dollar buyout Q2 to Q3 next year.
We will see... !
GLTA