Post by
tannin on Jun 11, 2023 11:57pm
Fruits does try and keep sidebet from being too absurd....
but fruits is as negatively wrong as sidebet is positively wrong.
BTR has strong financial backing, so OSK, or others, can never pick it up for pennies.
Inflation makes mill/tailings pond more valuable, and, imo, was not primary reason for not going ahead with project. There was a real labour shortage in the area, and diesel was way high......diesel now much lower, can't speak to labour.
But, also think, benefit of project looked less interesting, almost a distraction from bigger things.....thus really another change in company direction, thinking.
Permits for mill/tailings expansion coming, hopefully, this year..
Electricity coming to Barry deposits...and Gladiator.
Rent coming in from Electricity contractors renting camp.
Several million $$, minimum, will be realized from mill cleaning
OSK right next door.