RE:PPT from three days ago. BB speakingJCSunsfan wrote: https://www.youtube.com/watch?v=1HwngbcZUSs
Highlights.
Expect permit in 2-3 weeks, slipped and said 1-2 at one point.
JV still a small possibility for Florence but not likely.
No more than 10% and TKO is the driver's seat with any negotiations.
Pre-purchasing engineering and equipment for Florence now.
Engineering 70% finished.
18 month build.
50 million pound production in year 1.
85 million in year 2.
They have already seen the draft of the permit. It has been making its way from one desk to another. (This is not new, they have had it available for quite a while it sounds like)
45 day public comment period and then final draft. Just like the state permit (what redundancy!)
Would not have done the PP last December if they had known copper prices were going to jump.
Upon listening to the latest presentation, one might feel fairly confident with those $2 call options. Don't be late to the dance.