Dec. 23 at 5:53 AM
$BTG Anyone care to speculate on when/if the Fekola Regional exploitation permit (a HUGE 180,000 oz of gold annually) will ever be granted?
During Q3 conference call in early November, CEO Clive forcefully said the permit would be granted by year end 2025, and offered the tantalizing word that maybe the permit would be granted "imminently".
If the permit is not granted on or before December 31, credibility of Clive will be ruined.
Anyone care to speculate? Clive when pressed said it was due to Mali "bureaucracy". One would have thought that with the Barrick situation resolved, and with a formal ceremony in early December in Bamako where the Ministry of Mines presented the President with the final report of audit of all mines in Mali (
$1.2 billion recovered), that BTG would finally get its permit.
Silence. Nothing.
If the permit is ever granted, stock price will jump at least ONE FULL DOLLAR immediately.