Your right the big guys with cash to spend have a department of boffins plus consultants to run numbers over a range of opportunities. The more I think that S32 spend plus A$100M for 15% of an advanced high capex zinc lead project is a dire rejection of similar sized asx listed projects. Pluck a number the investment is 5 times the cap of MCT and IBG for 15%....
There are new zinc mines plus idle capacity.
CZL was a fan but obvious there are a few issues slowing progress.
RDM need S32 to get there wallet out or it's worth nothing
PMY not interested in greenfields, if the hit something interesting then will look
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