1. It would not surprise if the next lot of site visits includes some "second timers". My understanding is that this dancing with potential suitors has been going on for some time now but ramped up after the El Palmar MRE announcement. 2. I suspect that these next site visits will be the ones that solidify the levels of interest by the prospective suitors and after that, they will start to get into some serious discussions (assuming they are still interested). 3. I suspect that Duffy has been dropping solid hints as to some of those who they are talking to via his recent presentations and other mutterings. Think Lundin Gold and the Chinese owners of Mirador Copper Mine. 4. I have in my mind that something will materialise in the latter part of Q1, 2025 (Maybe late Feb / early March). They will need that time post the next round of site visits to sift through possible offers and negotiate a final deal.
Meanwhile, we just sit and patiently wait...!! I like to think of this period as the calm before the storm. The share price will be in the doldrums for this period, but it is what it is.
STM Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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