The talk of this T/O is hard to wrap my head around. I don't see a company paying the premium CE and Nikki would demand, they also have nothing to lose from not accepting the offer.
A JV would make much more sense, give us the cash to buy the next tier 1 asset and we give them control of Costa F and take a nice little royalty.
We would then potentially have cashflow from the water project and the mining royalty's to pay for the exploration of the new tier 1 asset.
$?Bill in a ? Life mine, page-25699
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Last
93.5¢ |
Change
0.005(0.54%) |
Mkt cap ! $141.5M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 97.5¢ | 93.5¢ | $324.7K | 338.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1069 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 2001 | 1 |
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