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Strong Buy
Re: Any ChanceMonty It was approved by the Sask Govt in October 2018. Rio tinto has until October 2023 to make a decision to mine or not. Guess when Rio agreement expires? You guesses it March of 2024. Rio will need to make a decision by spring of 2023 if they plan to move forward. I give the chances to move forward at 99.9 %. Soon it will be spring of 2020 and Rio will have 3 years to shit or get off the toilet. We have anywhere from 6 months to 3 years of a wait left unfortunately. . However, we get a new bunch of BOD in next June and they can put this thing up for sale and get the deal done sooner rather than later. The current BOD bring nothing to this company but delays. . Some don’t have 3 years to wait for this. Some do of course but at some point the shareholders need to step up and figure out a plan to get this project sold off and to say good bye. |
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