IMO the quickest deal to raise cash from sales is Los Lirios. It was purchased in January. People seem to be very impatient with "getting stuff out of the ground" There's already a stockpile of material. Sales, Legal documents, and logistics take time to arrange. I'm sure management want faster action on all of the projects but small cap shares have been in Limbo for a couple of years! In January Antimony was approx $40,000, now $60,000 Patience is a virtue!
28th January 2025 Acquisition of the Los Lirios Antimony Mine (EVR: 70%), Mexico • EVR Secures agreement to acquire 70% of the past producing Los Lirios Antimony Mine (“Los Lirios”) in Oaxaca State, Mexico. • Four licences cover 1,652 hectares and include 4 historic open pit and several underground workings. • Past production focused on grades sufficient for sale as Direct Shipping Ore (DSO). • Two grab samples within an open pit on Los Lirios 3 have returned antimony assays of 62% Sb and 62.99% Sb respectively. • Recent small scale mining at the Los Lirios 3 pit has prepared stockpiled material for sale as DSO. • EVR has taken a number of samples as part of its due diligence. • Antimony Ingot prices for 99.65% Sb in warehouse Baltimore have risen above US$40,000/metric tonne (Source: Bloomberg)
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