RE:RE:Keeping One's Cool Steve, and people wonder why nothing ever seems to happen here. We're a district scale project, with every "stakeholder" getting a veto.
1. We'd like "green" energy as a virtue signal to ESG heads at institutional investors? "Ok, get back to you in about 5 years. This is a lot of work, ya know."
2. Skagway port access? We'll even pay for it! "Meh, with Minto closing, do we even need it? Could repurpose the dock for Tourism."
3. Some figuratively downstream First Nation has some unspecified objection? "Let's consult for the next several years. On their time."
4. Can we start the permit process where we left off in 2018? "Ohhh no. So much has changed, let's start all the way from the beginning. Consultation periods and all. See you in 2 years."
5. Oh, you got some quotes for the build? Let's double that number.
Why on earth would you want to build in this situation? Just buy permitted, operating mines. Every major wants increased overall supply to be somoene else's problem. I'm not sure how Sandeep overcomes this, to be honest. And don't @ me with bringing on a gold or rival copper producer. I'm talking about in a not-further-dilutive way. Those "natural buyers" are non-existent, anyone he brings will want in at a discount.
Eight Capital owns zero shares as of 3/31, six weeks after Sandeep was hired.