RE:RE:RE:RE:Crux Investor Interviews Kerry @ Generation Mining skiesthelimit wrote: Very possible scenario. But with such a short payback period at these prices I'd think they would want to build the mine as soon as possible to try and reap the benefits while prices are high. Although it's a few years out so nobody can predict prices at that point. They gotta make the hay while the sun is shining. One would think even with control of the mine at 51% they would more than likely have our management team in charge of developing the mine.
Exactly, build the mine as quickly as possible would be in SBSW best interest. The longer you wait the more EV penetration might happen, the wildcard being if PGMS are used in fuel cells and hydrogen vehicles and the demand forecast for hybrid vehicles then maybe they can build the mine without rushing. Even if palladium drops and trades in the $1750-$2000 range this mine would still be a cash flow monster and that not even including the other metals like copper and platinum. Also another idea that I don't see talked about is if genm is not bought out and builds this mine in a few years after full production they can start exploring their other projects and depending on drill results we could have a even bigger monster on our hands.