https://www.mining.com/web/sierra-leone-communitys-suit-against-diamond-miner-shows-activist-trend/
‘It’s cheaper to operate in Africa’ won’t be a valid statement for much longer.
Anyone notice the gold price? ( good for ARL WA gold assets but also the godolphin IPO ).
Now over $2,200AU ( over $1,450US ).
I’m starting to understand why our friends with basically zero hedging are giving away offtakes for next to nothing & in one case- literally nothing.
It’s fun seeing people talk up the fact that they have 3 minerals as a positive but somehow our far greater variety of minerals ( multiples of our peer’s minerals plus good amounts of many other minerals ), is somehow not a positive.
A bit like someone with $10 trying to say that’s better than having $100.
Ah well. We’ll get there & for context? We could do an off take for $1 & it would still be a superior deal to what our friends are describing as fantastic.
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