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Although it took effect immediately, it was not retroactive and thus didn’t cover the Centerra South agreements, prompting Marsh to recommend that they be rescinded.
As of the date of this news release, the Company and Centerra are working to finalize and approve the program and budget for 2024 at Green Springs.
Centerra Gold Inc. () was the recipient of a large drop in short interest in December.
He explained that they are two of the top urban renewal attorneys in the state, and come highly recommended from other attorneys they consulted, including attorneys representing McWhinney Real Estate Services, the Centerra South developer.
It also has a 70% interest from Centerra Gold.
National Bankshares dropped their price target on Centerra Gold from C$13.00 to C$12.50 and set an outperform rating for the company in a report on Thursday, May 18th.
Source: https://www.etfdailynews.com/2023/07/15/centerra-gold-tsecg-price-target-cut-to-c10-60/
Recurring costs, according to the analysis, include increased costs for each city department — such as police services — that would not have occurred without Centerra.
“With funding from our partner, Centerra, we intend to make rapid progress stepping out on the known zones at Green Springs in 2023 and will continue generating new drill targets across the Green Springs property.”