Thank you for those very few cheap shares today.
So they have now bolstered their BOD for the Primary expansionist move, after consolidating and acquiring all of the needed assets required for their Wheel and Spoke dominance of the Baie Verte mineral assets.
Of course, Firefly's entrance alters that objective only obliquely ......actually doubling the heft of the combined assets that no one else can match.
The Pine Cove mill was producing until March of 2023 so little optimization is needed for resumption of mining of Stoger Tight in 2024 , as NFG ore won't be available in 2024....and perhaps even 2025.
We must remember that little in the way of marketing of Maritime has been done simply because all of the parts were not in place to monetize those assets.
The acquisition of the Point Rousse assets in late 2023 changed that .
We will be getting coverage this year plus the CEO will be busy now that the story has the promotional credentials to monetize that no other Junior can compete with.
Few yet realize that the combined metal production of Firefly and MAE should exceed $500 million in 2025 at current metal prices ....excluding facilitating via toll million the monetization of another $250 million of High grade Queensway ore.
Lets face facts, now that Marathon has been bought out.
No metal production can happen in NL over at least the next 8-10 years without the 1 million tons per year of mill processing controlled by Firefly and Maritime .
These three mills can quickly be expanded and modified upon demand should new discoveries proceed to feasible mining.
With high tech waste ore separation now a reality , transportation costs of reduced ore to mills is no longer onerous .
Plus we have a Provincial Govt that is eager in every way to see that this Wheel and Spoke model succeeds.
GLTA,,