yes this is great, there is high likelihood, reading between...

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Mininginvesting

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21/11/23

13:51

Post #: 71020221
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Originally posted by HomeBrand: ↑

Let's see if Flash is talking to this SPAC...I'm sure they are.

They were locked and loaded to buy Santa Rita and the copper mine a few months ago until the deal fell over. They (Glencore) has experience in Brazil....so what is not to like about Jaguar?

The timing of the buying back of the offtake from Vale could have had a hand in this SPAC deal falling over. Dunno really...but it makes for a good story!

And it's also interesting that the SPAC has extended its "Acquisition Deadline" to be extended from 12/10/2023 to 25/01/2024 by way of an EGM recently. So they are definitely still in the market to buy something.

Who wouldn't like to see an unencumbered, low C02 emission, nickel sulphide mine (not in Indonesia) coming onto the market.

And when you sit back and analyse that we have just delayed the DFS again, and theSP has been well supported, you'd think that the bias would be towards a favourable deal than a fire sale in the next few months. TBH, I just want to get out, but not at "any price"....!

Also worth noting that the Santa Rita mine has had 2 deals in the last 2 years and both fell over. The first one for "geological reasons" if my memory serves me correctly, and the second one was for price.

IMO, of course.

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yes this is great, there is high likelihood, reading between lines strategic partner by emd of year from CTM and ACG extending deadline to Jan.. can see us to be part of ACG Electric Metals vision from glencore.. also listen to money mine last night there was credible source from US telling indonesian nickel highly likely wont qualify for US funds.. which will make nickel sulphide more hot than nickel.. i have feeling Glencore may like to own Jaguar..imo dyor

CTM Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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