Post by
Partwaythere on Apr 21, 2022 10:42am
Build the mine options ....
IMO, the only way this mine get's built and maybe I'm stating the obvious ....
1.Design-Build-Finance-Operate-Maintain (DBFOM) model is the best way to get this mine built and running.
2. Private equity; i.e. India finances and pretty much has exclusive deal with MFN
3. Federal Gov loans the financing to the Muskowekwan First Nation community
Now, whats stopping the source of financing; from private, Gov, International ?
1. The fact the mine is on FN lands could worry some; i.e. MFN can close the gate whenever they want; no repercussions. However, I thought agreements were in place to prevent this from occuring.
2. Does Encanto and MFN still have a deal in place; I'm thinking yes but who knows?
3. Is the MOU with India still in effect ? I'd assume yes otherwise why did Stavros and Co. benefit from the off-take agreement? Or maybe thats why they made the deal they did to get out and now Stavros is out.
I'll hold, mentioned previous I'm in too deep now to sell for nothing; would rather hold and lose it all before sell for pennies what I have.
I'd gladly offer my services to help build this mine; was on KS, Mosaic and now Jansen is a go - prob head back there too soon.
IMO, will this mine ever get built? Prob yes, 2035! Or perhaps when Canada elects another Conservative PM from the West; under PM JT this mine will never get built.
IMO, no need to jump me for speaking my thoughts, lol.
Stockgirl (sp) - I wish I only had 2k invested in this sink hole. But hey, 2 k is 2k. GLTA
Comment by
Charlie_Chan on Apr 21, 2022 12:00pm
Great post, and I agree with almost everything you wrote except "under PM JT this mine will never get built." JT is so woke he would gladly start shovelling the dirt himself to get this mine opening as long as he can appease his supposed "oppressed class". Personally, I believe the best trump card we have is the JV status with the MFN. It can open many doors and many wallets!