RE:RE:RE:RE:RE:Thierry overviewHi Wayned, Yes, I missed that also. Reread the news release from April 4th. Here is the statement..
"The net initial capital required to restart the mine is estimated to be C$142 million (C$322 million minus C$180 million). The project has a payback of 3.1 years".
A few posts back I listed the OEA metal prices vs now and the difference is huge.
I still love Ians take on how to get the bull run going to help finance Thierry with very little additional capital. That NEVER happens with most juniors. They get way in over their heads and the shareholderspay for it.
I also listened to an older interview where he was asked about insider ownership. It was aroun 33% and many had 1.5-7 million shares. Not a ton of money, but a substantial percentage.
Its been a long time since I have been this interested in a junior. I think Ian has what it takes.
SP is a bargain based on the cash flow coming and the value of Thierry, the real prize. That was a gift.
JMO
RD