RE:RE:RE:RE:RE:Sorry but the worst is yet to come....Though it appears MOZ has not managed their project well to date, SKE isn't exactly a slam-dunk in my view.
Correct me if I'm wrong, but has SKE decided to build a mine themselves instead of entertaining takeout offers, and do they still need to get all required permitting and financing in place before they can start a mine build?
If so, at least MOZ negotiated much of their financing before the spike in interest rates and I believe is close to if not complete in terms of receving all required permitting.
What kind of interest rate terms will SKE have to agree to to get financing for the project now that rates are much higher?
How many more equity raises will need to be done and at what share prices? SKE was trading at between 10.00 and 16.00 from July 2020 to May 2022. It closed today at 7.50, so what will the share / unit price of the raise be when they announce it?
Will there be a streaming agreement, and if so what will the terms look like?
How long before all permitting approvals are in hand?
What kind of terms will they receive from contractors and how much will they have to pay for the materials needed to build a mine in this inflationary environment?
Still a lot of unknowns with SKE, and things could get more pricey for them just as it did for MOZ.