I'm desperate to see DVP snag a couple of mining contracts in 24.
They are guaranteed MONEY inflows, if managed correctly.
Of course, I would rather us be digging out our own metals BUT they are dog shoite in price, so why would we do that?
I'd love a couple of medium well manageable contracts to keep us cash flow positive and away from bank debt etc
Then we have a fighting fund to start PD, WL and SS all when we are really ready.
Copper is a paltry $8350 and could drift further down to $7900 just as much as it could go to $8750.
Glencore CEO remarked about 9 months ago the following -
" We will only start digging copper out of the ground when the market is screaming for it"
at what price for copper do you think he has in mind at that time? I'll venture $10,500+ and climbing
I think we are so damn lucky not to have started Woodlawn at this stage.
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