One of the more interesting issues for KMC and it's shareholders, in the near term, is what to do with the Snowbird project in North America.
1. Develop alone 2. JV with KMC as operator 3. JV with Partner as operator 4. Sell outright (possibly with a royalty option) 5. IPO (either on ASX or TSX).
Are there any other options?
What would produce the greatest return for shareholders?
There is considerable focus on Bullant at present, and rightly so. An announcement on Snowbird may therefore come out of the blue. My inclination, at the moment, is for an outright sale, take the cash, and be gone with it.
Any thoughts?
Gw
KMC Price at posting:
3.6¢ Sentiment: LT Buy Disclosure: Held