RE:Nov 28I'm now convinced the only people who thought it would've happened by now are the 7 people here who talk, excepting Blue & Haywood. Some lurkers might come out of the woodwork at this comment saying "Of course Rio was always going to take 30 months." But if you haven't spoken up by now, stay lurking.
Rio, Institutions, the general market, all saw this as Nov 28, 2023, earliest.
TRQ will be a convenient excuse, the real issue is we're never going to agree on price, nor can we persuade the market a major doen't care about the Capex. Maybe they do?
This team seems to think the market cap will somehow approach $1b and stay there. Copper was north of $4.50 for over a year, no permanent re-rate, Gold tagged 2k twice, the same. Metals prices aren't the issue - the market needs to see someone commit.
NEM isn't coming, you have to believe they would've by now. AEM? Never been remotely in the conversation. A gold major can't take us on solo. Reiterating my hope Rio doesn't renew, then turns around and offers $3/share US. End this misery.