Imperial Metals Corp T.III

The real potential???

[temeraire]

not even included:

....Considerable exploration success delivered to date, with the discovery of East Ridge and a new zone of higher

 grade mineralisation south west of the Main Zone, neither of which are included in the initial Mineral Resource

 and Ore Reserve estimates:

 High grade intercepts from East Ridge continue to expand the known mineralisation, supporting the

 potential for further Mineral Resource growth and additional mining fronts

 Pipeline of early stage targets within the surrounding exploration tenements...sip....sip

[Bravohit]

I am not an expert in mining.... "estimated total capital expenditure of C$2.6 billion (US$2.1 billion) for the development of Macro Blocks (MB)1, 2 and 3, as well as process plant and infrastructure" Let that sink in for a second....they will spend 2.6Bills - that is almost 800$ Million dollars worth of III. The whole company is not worth 800$ Million on a good day.  MB1 to be

[Freemealforall]

You forgot the most important .... PAYBACK - 3,2 Y ;-)))))))

[Bravohit]

...serious question ...how will that offset the cost...they cant meet operational expenses .... I still got a nice chunk of shares (these are the extreme long term).....

[Freemealforall]

PFC is prepared basicaly on "old" reserves estimates with very conservative figures.... Once volumes (as per timeline) will hit, there should be no issue of costs !!! Basic question is, how the biggest shareholder will decide to fund III part of costs !!! The worst would be with some preffered shares, bonds, etc (so he can apply high int.rates !!!) - in this case he qill be able to grasp

[temeraire]

Couldn't agree more though depending on when you joined us, you may recall that ME had the company in his hands when it a debt wall.  He chose not to take us out which he easily could have done. Berkowitz, Company Executives and the Tahltan nation would all have lost out. He's high integrity - borrowing at a low rate is a no brainer.  The strategic question is the bigger one

[Freemealforall]

Well. Am here for quite a while..... First of all - you do not cut out all stakeholders (also if U can .... why ? Easy...... first and most important - you need them - first what NC did when they overtook is strenghtening the ties with Tahltan nation - no brainer - shows their strong LT focus and determination - basicaly - they know what they are doing). For major III shareholder it was similar

[temeraire]

....unfortunately it's only now easy to say ME should've gone after cheaper financing other than lending the money himself. Keep in my RC was in the expiration phase - have you ever tried to get financing for a long shot - it costs dearly!!  You're wrong in thinking he did minority shareholders anything less than a high integrity turn.  Agree that going forward and covering

[Freemealforall]

Lets say we agree on main points (have internal experience - similar case myself.... as was involved also !!!)...... ME is clever - high integrity - well...we agree to disagree ;-)))))) ............ we will be able to see soon more about his integrity

[egss]

Are you kidding me he (ME) could have buried us. He's a n exceptional operator and treats investors fairly. Have been involved with him where he could have taken the whole deal but he did a rights offering treating minority shareholders fairly..

[Freemealforall]

Ha,ha...yeah eggs.... whatever U say.... stick with him and get "fairly" rich ;-)))

[Freemealforall]

Copper at 4,61.... PFS - very conservative and prosperous out...... SP - high integrity of major player hits ;-))))))))

[satchmo6]

might hit 10 bucks ---like the olde days https://youtu.be/xjaNzZt2olk