A starter mine with a higher grade close to surface.
JV partners on the horizon.
Increase in total resource by 18%
Not forgetting we are still years away from mining which gives shorters plenty of time.
What scares investors away now are the current low prices of Platinum and Palladium and metals in general but has anyone stopped to think why were and still are these prices hammered so low?
The big game was to bring Russia to its knees, to strike them economically where they hurt the most.
Attack the rouble, freeze and then steal their overseas assets, short the metals they export so as to stop their ability to finance the war in Ukraine.
Lucky for Russia China stepped in to pick up the slack as China themselves understands the gravity of what the US and NATO are trying to do and how they'll be next if they didnt prop Russia up.
This inadvertently hurts CHN in the short term as the mine appeared uneconomical at these metals prices and grades.
Long term when they receive all their permits, a JV partner gets in and underwrites the future and metals return to their real value then this company will thrive.
For now we bide our time.
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