Fact is that NE is the 7th largest undeveloped silver deposit in the world
Fact is, on the side visit of a possible buyer party were early August 2023
So to expect a sale 3-month later probably is poss. but dependig on the due diligence process speed of the buyer.
After a Successful DD: https://www.amcconsultants.com/experience/technical-due-diligence-mining-industry
--> DEAL negotiations are the next step...
think now and then about who could be a possible buyer and what the current situation in chile is.I think it doesn't look so bad here
So let assume someone of these ones are intrested in a "BUY" of "NE" --> NE the 7th largest undeveloped silver deposit in the world
1) Salares Norte mine (operator Gold Fields)
Fact: Gold fileds, Franco Nevada has here their fingers in the game
www. pro active investors.com/companies/news/1023981/royalty-companies-navigate-shifting-landscape-in-h1-2023-analysis-1023981.html
Franco Nevda lates Report:
- strong financial position
- new mines to growth
So def. a potential buyer here....
2) Fenix Mine (Rio2)
https://www.rio2.com/post/rio2-completes-feasibility-study-for-the-fenix-gold-project
/www. pro active investors.co.uk/companies/news/999586/rio2-limited-says-political-change-in-chile-could-move-fenix-gold-project-forward-999586.html
looks like some struggels with the water rights ? So a Plan B) on the table could be "NE" with secured water rights?
Sure the rest of the mines around are a pot. buyer too ?
Like Kinross, Hoschild, Barick, Newmont..
“Invirtamos en Chile” (Let’s invest in Chile)
https://www.thebanker.com/Chile-s-economic-minister-bets-on-foreign-investment-1667203789
It's sad to say, but I think NE will be sold just as Silver explodes, but at least it will be sold and we get the Chatree 1 million ounces a year silver benefit...
So lets see we may are in the final stage here... to get the deal done..
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