OTCPK:CPPMF - Post by User
Comment by
wannabebuffeton Dec 06, 2021 6:46pm
222 Views
Post# 34204176
RE:RE:RE:CMMC a value trap
RE:RE:RE:CMMC a value trapI am trying not to be being negative but you do not understand what you are talking about and are close to lying.
Mitsubishi guaranteed the loans to get CMMC going.
Mitsubishi has full concentrate offtake paying market prices - a boon for CMMC - everything sold to one buyer at market price.
EVA is stand alone to be financed by CMMC which is not what Mitsubishi owns 25% of.
It would make sense for Mitsubishi to obtain full offtake of EVA concentrate and pay again market prices - a huge benefit to CMMC. No sales or marketing cost.
Mitsubishi is a smelting and metals trading company - they want a steady, predictable supply of concentrate.
CMMC is a mining company who will supply the concentrate to Mitsubishi.
It is good business.
Something you do not understand.