Western Copper and Gold Corp T.WRN

Ellis Martin interview with the CEO

[Seppelt]

https://uk.sports.yahoo.com/news/ellis-martin-report-western-copper-130000211.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNhLw&guce_referrer_sig=AQAAABDmqs8dvOkRQFyXRod33uhOJSkbav3PnrVI-NXzYF98YUaaS9v6sCsgyCPf7W2r324ImtHaUdZ-rmAXercahKfLtmemBcXyvuxg46aKbDPaOgdKnVe-ziQEtEohB1m-jGxVEdoNu0LB0uYMtW3TeqS3fAnbYyDKvENyXqWHiZ-q

[IvanRo]

Would have been good if he indicated whnlenbthe FS was out this month and also a firmer timeline on MET analysis.

[MetalMinded]

In the previous interview that dropped the other day he said still on target for Q2, this month for FS.  In this interview, he's come the closest he ever has on a timeline for completion of MET, Eve stating the term (weeks).  In prior interviews he said Q3 for MET completion.  So I'd expect in July the MET is complete. 

[IvanRo]

Thanks Metal. Although wasn't too enamered with the comment re: 2 weeks, 2 months and 2 years - although I think he is trying to put a bit of pressure on Rio to engage in next steps otherwise they will just string us along for another while, while they continue ticking boxes (esp. when considering the below) MT drilling started and only being max being 2 holes. So lets say 15 days to drill

[MetalMinded]

Again, while informative in negotiations between WRN and RIO, Paul has stated in the prior interview that completion of the drilling and analysis is not necessary for RIO to "sit down at the table".  The only remaining item on their checklist is completion of the MET analysis.  That should be pretty soon and then the negotiations can begin.  

[jclarke042]

Clearly this drill is the last effort to rerate the market cap prior to negotiations, as literally everything else has failed. Negotiating from an MC of....$255m US is more difficult when we're asking ~1+ billion. 

[MetalMinded]

That like saying, all you owe in that car is $1000.  So, even though it's worth $25,000, I'm only going to pay you $1000.  The whole multiple of market cap argument is a silly one.  Multiple of market cap is a resultant, not a cause.  

[Sooner]

Metal respectfully disagree and of course I'm in Clarke's corner. ok we own a car. Some of you think the car is worth $25,000 and some of us think the car is worth $6,000. independant analysts think the car is worth $4,250. a financial model values the car around $12,000. Paul thinks the car is worth $6,000-$9,000. the problem is the market thinks the car is currently worth