The last company I held which used the term 'material transaction' in the request for suspension (POL) ended up being a takeover target from two other companies.
Not sure who would be interested in CUR from that perspective. MIN (one of the companies vying for POL) specialises in small projects which they can develop a lot cheaper because of the resources and expertise they have on hand. I'm not that aware of them taking on projects in South America, but wonder if there are other similar companies which would (MIN also likes manganese wich CUR may have).
I've tried to find a value for Liberdade at this stage of development and can't really come up with a realiable figure - perhaps in the neighborhood of $1-2m. That would be about 10% of market cap for CUR, which would probably be material. Given they have stated their intention to sell, maybe that's it?
Add to My Watchlist
What is My Watchlist?