Post by
horsewithnoname on May 07, 2024 2:41pm
What money are we talking about?
Has been frustrating to see the two money generating activities - tailings and SDA to be delayed by so much. But now there is a real chance - Cappes is a serious company with excellent reputation. The at the end 2% NSR plut, 1 Mio for 1%NSR, plus the 1.5 Mio from the El Oro community royalty income should be more than the whole current market cap at the moment. The SDA plant comes as an addition.
More interesting however the hard rock El Oro project - very little information out but not only would it provide an additional money source for drilling the prospect but provide stepwise intro into mining El Oro ore at a larger scale. Very curious to read more about this - as at the end of the day El Oro will make or break Xali. I bet on making it and I hope we see the 1 dollar again where we were already more than ten years ago. GLTA