Post by
idlefreebird on May 25, 2021 8:35am
Very nice start to the morning
Timmins will benefit and so will us shareholders...in the long run there will be more and more value added...glta p.s. be back later for discussions.
Comment by
Nukey on May 25, 2021 9:51am
Is a nice start, but I thought the market would dhave responded more favourably to the PEA Idle? Looks like the good news may have already been priced in, although CNC has tended in the past to see a delayed reaction to good news, where things run a little later after the market digests everything offered. Have a good day all.
Comment by
apapas1973 on May 25, 2021 11:49am
Haven't had a chance to thoroughly go over the PEA yet. Will do so later on... How did they come up with the costs if we don't know about the MOU?. The MOU is a huge part of their initial cost structure. That must mean they can lower their costs further I'm assuming?
Comment by
caramba71 on May 25, 2021 12:01pm
That's what I thought too. Under additional opportunities it says 'Completion of negotiations to potentially utilize Glencore’s Kidd Creek mill based on the capital and operating costs successfully determined during the initial phase of work.' So I assume it hasn't been included.