RE:RE:RE:RE:RE:RE:Interesting SEA interview w Rudi (Independent Specululator)As of today the MTT is way up in the air:
(1) No agreement on the route.
(2) No concrete cost on how many Billions.
(3) No timeline whatsoever.
Who in their right mind would get involved when there is no confirmef way of retrieving the minerals?
If you saw a for sale advert for a 10,000 Sq Foot magnificent mansion in the middle of a jungle with a 40 foot concrete wall, but no paved access road, would you purchase it?
Well that's SEA in 2024.
rockport1 wrote: Wish I could forget about Rudi, but in many ways the fates of SEA and Treaty Creek are tied. The eventual MTT route and compensation is material to the share price of the Treaty Creek Three.
I had thought that once gold prices based over $2200, SEA would find a buyer. However, even at these gold and copper prices, it looks like KSM is still a tough sell. Perhaps they need $2500 gold and $5/lb copper? Or, perhaps buyers are waiting for MTT certainty?
Larry60 wrote: Rudi should thank you guys for lettin him live in your heads rent free!!!!
Forget about SEA. I dont really care about them so long as TUD isnt at risk of losing the heart of the claims without compensation. I dont see it listed as a risk factor. If Im missin somethin, let me know. If its not a risk factor and they lose it, class action against all of senior management, all the board members, the lawyers, the accountants and maybe 1 or more controlling shaeholders.
Drifting back to 75 cents. I still think deal is imminent
GuruNN wrote: I don't trust Rudi at all.
How long is he searching for a partner now? How often has he already said he would present a partner very soon? He didn't say it in this interview but he has said it very often before.
How can he find a partner for a 6.4 Billion CAPEX mine without having a bankable feasability study and no tunnel solution to present??
Lobo said himself that he knew the project since he started his career long time ago and he was sceptical. And it seems that he is still (very) sceptical.
Don't think that Rudi will build a mine. He just wants to gain more time, the question is for what?