as a shareholder i want to minimise any payments as much as possible.
more in their pocket is less in mine. there's that greed thing again.
im all for paying fair value, but scenarios of $0.5B seems excessive. what community would knock back $500M???
a better outcome is fair consideration for use of the land, maybe a token royalty and the biggest drawcard being the economic benefits to the area by allowing a mine to operate. increased employment, increased infrastructure and so on.
UMC Price at posting:
64.0¢ Sentiment: LT Buy Disclosure: Held