Post by
AcadianWind on May 29, 2024 7:57am
TECK
At some point if we keep proving up The Haib project, Teck will have to sweep in and take it over. They already own shares in KRY so making a big payout would not be a big deal. It shouldn't be too bad for the rest of us, if they pay a premium to market.
Comment by
Yepnewpapy on Jun 01, 2024 9:45am
We can dream of TECK buying out HAIB, unfortunately it is too small for TECK The main problem with HAIB is that it is too small for a large player and too big for a small player. Startup cost for HAIB is 340 millions USD which you cannot finance with a Penny stock like KRY or any other PENNY KRY is doing a rollback and a capital raise Expect more capital raise this year and next.. GLTY
Comment by
jrj90620 on Jun 03, 2024 2:23pm
I believe that Teck spent about $10billion on it's recently opened QB2 project.
Comment by
AcadianWind on Jun 04, 2024 6:35am
The important fact is that the QB2 Project is operational.. Teck has engineers that are available to build a plant even at a smaller scale, to gain more Copper production. A no brainer really. The people who designed QB2 will not be sticking around to run it.
Comment by
AcadianWind on Jun 07, 2024 6:29am
Supplemental... if a small cap wants to make it to a big cap... they have to reach higher.. and get the job done..maybe KRY can raise the money to build the mind and we will all have a payday..