Why is a Gold Developer Buying a Copper Mine? | Rio2 Interview

❗RIO2 LIMITED HAS PAID FOR THIS VIDEO. By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may have a conflict of interest as they may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication.The information provided herein is general & impersonal in nature and meant for entertainment purposes only. Viewers, listeners, and readers acknowledge and agree that the information presented herein does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. Resource Talks and all parties involved in the management of the business strictly disclaim any and all liability for losses and/or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of the content published by Resource Talks, or any decision made or action taken in reliance upon it.By consuming this content, all consumers vow to release Resource Talks and all parties involved in the management of the business from all claims, proceedings, or consequences.Nobody involved in the production of this publication is a licensed investment advisor.No recommendations are being made to buy or sell any securities in this video.The mining and exploration space is highly likely to lose you money. Failure is the norm and should be the expectation. Don’t risk what you can’t afford to lose. If you don't understand it, don't do it. The minimum risk on anything mentioned in this publication is 100% loss of capital.Read official company filings on www.SedarPlus.ca.Timestamps:00:00:00 Chapters00:00:10 Very Important Warning 00:01:07 Rio2 Company Overview00:05:11 Why is Rio2 buying a copper mine?00:13:01 Could this transaction hurt the valuation?00:14:28 Is Rio2 now unsellable?00:19:07 Why are they paying $241M?00:25:39 Why didn't they have to do a shareholder vote?00:29:06 Why is the vendor even selling this asset?00:30:10 Are there risks around the Peruvian tax certificate?00:31:20 Will this copper mine make them money next year?00:34:05 Will they have to do another financing soon?00:35:27 How can they grow the capacity by 50%?00:39:13 Is the copper grade too low?00:40:46 Are the communities supportive of the copper mine?00:43:34 What is the water situation for the copper mine in Peru?00:44:22 Where does power come from?00:45:25 Who buys the end product?00:46:49 What is the Franco stream on the copper mine?00:47:46 Does this transaction add jurisdiction risk?00:48:56 What's going on with politics in Chile?00:52:58 Does the new acquisition slow down Fenix?00:54:45 How is the building of Fenix going?00:56:43 How's trucking water been?00:58:12 How are the community relations in Chile?01:00:28 Will they have to restructure the board soon?01:01:16 Does Alex want to step down?01:03:02 Why did they buy 15% of Royal Road?01:06:29 What are they going to do with all the money?01:08:18 Very Important Warning - DO NOT SKIP This is a Rio2 Limited interview with Executive Chairman, Alex Black.