RE:The stock market needs trustac2022 wrote:
The uncertain politics in Peru is currently weighing on the commodity stocks of the companies operating there.
A third of Peru's GDP comes from the mining sector. Everyone must be aware of this or become aware of it. As a mine operator, it is important to take responsibility for the local population and their participation as well as for the environment.
This creates trust among people and the advantages that can arise from mining for everyone involved then become apparent.
DNT fulfills both in an exemplary manner. and Fortescue fits this philosophy very well with its eco-friendly technology.
So we wait for the drilling and then the calculation of the new CAPEX as a maximum variant: Mining of North and Sur at the same time and from the beginning. This approach is only feasible for majors, but it is extremely economical.
With those new numbers on the table, I think we should be able to expect an offer from Fortescue.
TRUST?
Look at Noront Resources. Stockhouse NOSOF, trading at 15 cents last year, sold to WYLOO June 2022.
=====================================================
Who is the ownership of Wyloo?
Andrew Forrest, a billionaire mining mogul and philanthropist, owns Wyloo Metals.May 25, 2022
======================================
who owns fortescue metals group? Andrew Forrest AO
As Founder and Executive Chairman,
Dr Andrew Forrest has led Fortescue from inception to a top ten ASX listed natural resources company
that has invested more than US$30 billion developing some of the world's most efficient infrastructure.
======================================= NOT - SEDI Insder filings
From.......
CEO.CA #not - Noront Resources Ltd. (NOT.V)
https://ceo.ca/not
=============================