I have been wondering what the consideration is for stage 2. Regardless of whether we can develop it or not, the value of it must be considered when Codelco make an offer. Its not completely null and void because the government have hamstrung it.
And thats where the $1.5 is really coming in to play, in my opinion.
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Codelco offering $1.22/share for buyout, page-23
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