re: Ann: Information on Concentrate Offtake A...
What a negative announcement if Ive ever seen one. What a way to kill the positivity surrounding the $1Bill off-take agreement. Seems like we are going to slip back into the low forties if we keep on getting quality announcements like that. Most of it was stating the obvious-no contract with no mine...really? Funding not guaranteed...really? $1Bill based on concentrate grade and current commodity prices and may change...really?
I thought the Chinese just gave us $1 Bill up front with no questions asked! Silly of me to think that.
CQT Price at posting:
47.5¢ Sentiment: None Disclosure: Held