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clock Created with Sketch. 10/05/16
20:51
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Originally posted by Owenb79
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I made a few corrections, you had a couple of errors and misconceptions.*Abysmal communications (Information is available if you want it)*2.4 Billion SOI (Over half locked up with the big 4, Proof today, just how hard to get a few shares at a good price)* Scattered deposits (Potential Brownfield exploration +++ min spend on start-up)*No chance of bulk logistics (Vale has a right next to us and avaiable in the future)*Perception of corruption and sovereign risk with Brazil (Who cares, look at Australia)* Imbalance with too many large instos (Too many small traders that cant trade Copper)* Blackrock taking 25% of our gold profit (Hopefully they put it back into the company)* Broken promises....JV ??? Near term??? Upside??? (They have offers on their Brazil website)* Differing chemical composition of deposits thus different processing. (Only needs small modifications and some DSO)*Secrecy over offtake (Unfortunate but will find some details out later I did some research and seems to be normal)*Management giving themselves bonuses for just doing the job they are paid to do. (Nobody knows how many hours they do and the sacrifices they make. I know I work a lot of hours and really don't produce a whole lot)*PB looks on hold with talk of a trial!! Market liked that news... (They did the same with AN and then boom, finance and a mine. I believe they are working on finance and when they get it BOOM.)Everyone keep their head in the sand...all good...all will be rich when Cu improves.... (We need China to improve)
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Ha...a fun exercise but nonsense
. This idea that having instos gives some sort of security...they do sell you know and that destroys MC.
