WELCOME TO THE MINING INDUSTRYChina
had an enormous influence on Canadian junior miners.
Politics have since changed things.
Western and European alliances want to go it on their own.
Spin this world in a new direction.
Yet.... our billion dollar funding ( here in Canada ) is spread out over
several years - i tend to call it, b/s billions. Numerous projects, each
require the capital yet... billions are spread over several years.
Like the recent article i posted whereas the newly formed fund wants to
maintain their $15 billion at all times....?
Is it one of those funds that use the parked dollar value as levarage ?
We have this.... but must always maintain it ?
Derisk projects based on studies.... then rely on true capital....
From public sector...? lol
Just wondering.
BILLION DOLLAR WAIT GAME Stocks sink, while sitting, waiting, begging for funding.
Investors watch on, wondering the the h is going on.
CO2 is placed in the mix - work on co2 - while we work out the billions.
Big world plans, change up of energies, change entire transportation industry.
Logistics, supply chain, to blockchain.
Technology moving faster than what industry can keep up.
And... it's nowhere near from over.
New tech will forever challenge what has be chosen.
Which is now outdated.
Countries nationalizing their resources.
Sanctioning certain countries, while out the back door, metals are still being bought.
Every country looking out for themselves.
North american juniors promised they'd have a bright future if net zero co2.
Majors ran off to indonesia... escaping the co2 games.
While juniors jumped the co2 hudles applying seq tonnages to zones where majors mine.
Just recently... it was discovered indonesia is importing their nickel ?
The big indo deek...?
Investors look on, wondering why their Canadian metals stock is in the red.
= all eyes on north american resources.
= they need them... want them.
= but can they afford them ? The mining world turns to Saudi cash for critical metal supply
For years, the big producers have found themselves repeatedly outbid by Chinese companies when it comes to buying mines. China’s state-owned metal and mining companies have been willing to pay valuations that western firms simply couldn’t match. Saudi Arabia now seems willing to do the same, potentially putting some deals beyond the reach of the industry’s traditional buyers. Link -
https://www.mining.com/web/the-mining-world-turns-to-saudi-cash-for-critical-metal-supply/ Which brings this subject round to, Glencore has been trying for years to buy Rio Tinto.
Rio Tinto has averted.
Glencore is
Swiss based. Along with an art individual who was schooled in,
Switzerland. Rio Tinto -
UK. Should we have sent our ores to,
Rio Tinto for MET studies ?
Tease.
Rio Tinto's stock value is far pricer than, aforementioned.
24 - 28 million shares would do it....
Well... at the price point i've chosen...lol
Robert Friedland
at one time owned, Wellgreen. What was on Mr Friedland's mind April 2023 ?
Billionaire Friedland Warns Against
Foreign Takeover of Teck
- Cautions against ‘short-term gains’ in bid by Glencore
- Entire industry interested in Teck partnership, Friedland says
https://www.bloomberg.com/news/articles/2023-04-17/billionaire-friedland-warns-against-foreign-takeover-of-teck#xj4y7vzkg Cheers....