Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That is just my opinion, but i think management should start to dismiss half of the management. you just need one person to dig a hole, and not 20, who are just watching.
If mine keeps closed you dont need so much high paid management. dimiss the half and give a NR out with a restart date in march 2021. one or two persons fight for acid supply contract, one or two are handle the testing well and one or two for other stuff. just my opinion
Does it mean we should expect an acid supply contract in q1 2021 at earliest?
That would be fatal
global market sentiment is gone now. Doesnt matter if we restart now or in 2 month. wont change sp much i guess.
Totaly agree, i hope they dont mean with first copper this year, that they sell those three copper plates from those two wells.
this acid contract thing is so annoying and disappointing
Even when they say they the acid will last several months? Dont you expect first new acid delivery in the next several months?
same as here.
reached out multiple times and have been told corona virus affects the business world (which of course is the case) and LONG term acid supply contract is needed.
some already mentioned that bars and cinemas are reopening in AZ and we all know now that wearing a mask, keeping a distance and washing hands help a lot to handle this virus.
So it seems only acid contract is the problem.
I hope they are not in negotiations of a 22 years acid contract where you have to pay attention to every single penny spend, but trying to get a 1-2 years contact which might cost a little bit more. Pay the millions and start pumping
Thanks for that information.
Then I expect restart in the next 2 weeks or a big explanation why they dont start.
What I DONT except as an excuse is:
- shortage of acid (min doesnt seem to be too short on acid at the moment)
- rehiring of stuff is still needed (they could habe started rehiring 2 weeks ago or at least now to restart in two weeks)
- still optimizing on the wells is needed which prevents us from restart ( that has successfully been done in march/april )
- holiday has been to short and they want to use last sunny days for pool parties
„ Excelsior estimates that the current supply of acid stored on site would last for several months“
This is what the company told us in the news release of 12th of august.
Dont understand why they dont start rampup or dont they believe to receive first new acid delivery in ghe next several month? Then why do they keep telling us about first copper at the end of this year?
If there is no copper at the end of this year, management have to explain themselves.
And if there are other major problems they habe to inform investor in a timely manner.
Nevertheless it seems management have just one possibility to get out of this mess. They need to start pumping in the next 2 weeks, otherwise they dont get first copper this year. This is just my opinion and management doesnt offer much information so its purely speculation on my side. But if they dont start pumping in the next 2-4 weeks i guess we are lucky with the current sp, nevertheless where copper price is. And nevertheless if this is a longterm hold, a lot of investors are here multiple years and want to see some dollars.
No more excuses, start pumping now.
Summer holidays have not been long enough.
Let me guess, this is the perfect time to do a new hugh PP? Lol
Hell yeah, what did i said some 10 days back? Haha
When to expect new PP of 10m at 0.15 CAD?
So you are saying that you got substantial new information from the company that we dont?
And if they not even have a plan to get back to work, it might take another 3 to 4 to 5 month to start preconditioning which will take anither 2-3 month. So best case mabye 6-9 month from now. That is a looong time.
I always felt informed in the best way a company can do, but now management seems to be totaly headless and do not even inform investors about next steps. I guess lot of investors would have been ok with some kind of „we will try to secure acid delivery, and we will inform you on a monthly base about new plans and ongoing work“ but they do not inform at all. No good
good luck
so down the drain it goes?
Shame? I‘m proud to be an investor of min and i‘m even more proud not beeing invested in nb.
Nb is fluff and nothing more. The only shame i feel is bringing other people to invest in nb. Thats the biggest shame i have to deal with.
I mean its not like nb is doing great, but be hit hard in the next time due to a garbage pp and missing financing for the next 3 years, good luck with this dead horse
True true, so what to come for nio next 2 weeks? Air permit and a drop of 20% in sp?
Crossing swords or what? Haha
Yes, corona is driving everybody crazy af.
Nothing more
Thanks for just restoring putzs posts
Again, we lost 1-2 month and we know its working, but nio on the other hand lost 3 years with a 3 year construction and ramp up phase, so whats wrong with you?
And by the way, excelsior will have one of the best co2 footprint of all mines
Ok thats fair, so when do you believe your mine will be up and running
I just respond to your comment, and I just see nb tanking
By the way, we have a lot of money in the bank and just ramping up production, and its clear that there will always be problems, nio will also get problem when it get financed. But thats what your management ia promising since years so whats the deal. There is a difference between losing 1 month or two to fix a problem while ramping up production or redo a new BFS every year and spending millions over millions to attract investors and finally losing 3 years.
Good luck for next PP and new BFS at the end of the year
I mean, thsts just my opinion, but of course you will know better, sure
Isnt there any (Hammer) a morning star candlestick (bullish) or what ever left to talk about?
Hahahah, just have a second look and compare min to nb. Lol
But nice try
Huawow :D:D
Financing is imminent my friend lol
What does „progressing as planned“ mean?
Havent seen the plan so are we talking about an additional month of construction?
Yes, true they will be crying. 3,5 year build up at the time you get financed is a lot. Tesla will get an other supplier.
Nice try, sell your niobium elevator like thyssenkrupp did, they are solling their cashcow, good like with a partner like this
Lol, you should do so , while NB is tanking hahaha
Haha no way, if that is true, copper plate production will be postponed to Q3
They should be close to start pumping solution again. I want an news release this week.
Ok, management killed SP by -30% from high by 1.23 CAD. Wow
Good job
Nice try, guess we lost the game for the next 3 to 6 month till first copper plate is produced. I prepare my self for a shareprice of 0,76 CAD.
Loool
That has been said soooooooo many times.
And it dropped like its hot hahah
May have been sone stop losses, and somebody who has deep level 2 insight. Just my opinion