Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Copper

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.

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Entree Resources Ltd > Another Report of Negotiations

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Comment by Countrygenton Nov 23, 2024 7:19pm

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Post# 36327664

RE:RE:RE:Another Report of Negotiations

I'm guessing the "deal" the Mongolians will accept is either OTLLC buys ETG with a free Rio Tinto loan, or if Rio Tinto does the buying it's on condition they throw ETG's licences and 20% JV interest into OTLLC and take back some subordinate shares or an interest free loan, or debenture.

These two have always wanted it all, they have just dragged their feet on getting there?

cg

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