Post by
Rock9011 on Oct 03, 2024 11:24am
HCU's Recent Interview
HCU expects cash flow of $15 to $20 M US to start shortly and that is for their 24% share of ETG.
They saiy by the end of this decade cash flow to HCU will be $40 to $50 m US.
This equates to $160 to $200M US cash flow per year by the end of the decade for ETG. This is close to $1US/share annually. HCU says this mine will produce for many decades.
This will be an exceptional income generator if ETG does not get bought out.
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Comment by
raphaelle2 on Oct 03, 2024 11:58am
I understand that HCU wants to keep this goose that ( will) lay golden eggs! Solid negotiating position for sure! The beauty of this young mgt team, contrarily to ETG's position? Ce n'est pas fini...tant que ce n'est pas fini! GLTA