RE:RE:RE:RE:News I'm also beginning to wonder if the quality of management, especially CEO Justin Cochran, is still right and if the right priorities are being set. Justin is currently heavily involved with Carbon Streaming ...
For example, the NR of 27.10.2021 leaves interpretations open. The NR talks about the "minesite" being temporarily shut down. That would be the actual mine:
The minesite is the Ramu Mine proper; it is the Kurumbukari Mine Site. The Basamuk refinery is near Madang, 130 km away. According to the NR, the "minesite" is affected by the temporary closure: (...)that the mine site has paused production and operations for the next two weeks.(...)
If the refinery Basamuk continues to produce, the impact would not be great.
@AnthonyMilweski is also not reporting at all. It's possible that he can't - no time or current dispositions.
I too expect two points next week:
1. confirmation that the Operating Debt could be repaid as of July 1, 2021.
2. 3rd quarter 2021 results - specifically what the 35% FCF for Nickel 28 is. MCC, the Operator from Ramu Project, has had BoD meeting today and the results have been published (Shanghai Stockexchange).
urai5
Translated with www.DeepL.com/Translator (free version)