IKN

Take physic, pomp

Great minds think alike and fools seldom differ, Alexco (AXU) edition

IKN on the Alexco Feb 18th NR, as seen yesterday:


“Alexco’s (AXU) YESAB water licence is happening this time, it seems”

Cormark’s Tyron Breytenbach* on the Alexco Feb 18th NR, as seen this morning:

“While the Water Use License (“WUL”) is still pending, ongoing permitting successes (note) are demonstrating that the process is still moving, and the project still remains firmly on track to restart operations in 2020. We see the divestiture as a strong indicator that the WUL is just around the corner, and believe Alexco was looking to streamline its business into the production restart.”

*Crazy name, crazy guy

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