Hi Woody
""I'd imagine we'll have the cash to buy a project - and a new JV with GF to pay for the capex might work.""
No way! We invested in a specific project which has now been taken away by the Mali Government- we did not invest for the BOD to now decide to buy a project in Canada, Aust, Timbuktu or Upper Combucta West (if there is such a place) to keep themselves employed !
The cash MUST be returned to investors to then decide what WE want to do with OUR funds (it is not the BOD's cash)
Hot Copper needs a "Wind this company up " button !
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- Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng
Ann: MoU Signed with Mali Gov & Sale of Entire Project to Ganfeng, page-375
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