4$ - putting CCU into administration and then buying it off the bank would work against Magna's interests.
Remember there is a lot of knowledge/IP with respect to the geology of the tenements and exploration potential contained within the board's brains. Magna aren't in the business of running mines, only investing in them. You run in there with the jack boots on, and you're cutting your nose off to spite your face.
Ann: Quarterly Activities and Cashflow Report , page-33
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