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Re: Saving Grace post# 16583

Tuesday, 05/09/2023 10:33:49 AM

Tuesday, May 09, 2023 10:33:49 AM

Post# of 19297
Hycroft is not permitted for an Autoclave and associated Oxygen plant and is needed based on managements current plans.
There is also the issue of capital required to build a mill. Depending upon the size of mill experts would suggest that Managment must raise over $2B in capital.
Permitting could take as long as 3 years and construction and pre-stripping another 3.
While I am a fan of the project and I own substantial stock I am also a realist.
This is a long-term investment with the key risk being management's ability to raise significant capital.
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