The JV partner story is a complete hoax. Next Investor has been...

The JV partner story is a complete hoax. Next Investor has been pushing that narrative since 2019. LCL has been searching for a JV partner even before the current Colombian president, Gustavo Petro, came into power. And guess what? Not a single company is willing to risk their reputation. Why? Because the plan is to mine on Indigenous land, and the Indigenous community has been fighting to protect their human rights (https://www.onic.org.co/comunicados-regionales/4453-comunicado-de-opinon-publica-comunidad-indigena-karamba).

AngloGold Ashanti faced similar issues in the past and won’t risk their good name again (https://www.business-humanrights.org/es/%C3%BAltimas-noticias/respuesta-de-anglogold-ashanti-sobre-denuncia-de-ind%C3%ADgenas-ember%C3%A1-cham%C3%AD-de-risaralda/). That’s why they sold the Chuscal project to LCL in exchange for shares. Do you really think B2Gold wants to dive into the same problem and risk losing $40 million? Remember the $20 million LCL raised for the Quinchia project? Now, they can’t even conduct exploration work in Quinchia due to the backlash from the Indigenous community.