WA1 0.86% $16.48 wa1 resources ltd

General discussion, page-3748

  1. 100 Posts.
    lightbulb Created with Sketch. 72
    Misinterpretation IMHO

    State & CBMM held each half of the mining licences. THEN they pulled them together in COMIPA. Then COMIPA appointed CBMM as the operator of those assets. State gets 25% royalty. CBMM needs to mine on both licences 50/50, hence the rumoured 'challenge' in 'just expanding' capacity (besides the strategical move of not oversupplying their own market)

    https://90anos.diariodocomercio.com.br/materias-quem/cbmm-faz-opcao-pelo-alto-valor-agregado-e-muda-trajetoria/

    https://hotcopper.com.au/data/attachments/5859/5859807-35d12788d5abc3041daf44fada33e954.jpg

    Last edited by Pete RRex: 03/01/24
 
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