Tuesday, April 11, 2023 6:12:35 PM
The 2,5M the company will re-pay to officers and directors, comes from the first financing - then it was worth a lot more (see 2017 financing by the CEO and others).
I like this fact - as it is a motivation factor for all parts to make it a success story.
The institution's (funds) large shareholding is a guarantee the mine will be built.
With the huge resources, due diligence is a big part of considering investing.
As EU regulations and laws apply, things take time - but the upside is a certainty.
Given the increasing importance of self-sufficient in gold and copper, the EU Commission has a big interest in this project will be successful - big money and politics go hand in hand - the Romanian government can not afford to fail - that is why they early backed the company on all levels (it`s bigger than only Romanian interests itself).
Imagine the value in a year, when they are getting close to starting to producing
The company website; https://eurosunmining.com/
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM