What you’re suggesting is possible, but it does raise the question of why a potential buyer would target Rincon if they were going to deploy a different process?
It’s a small, low-grade resource that is hemmed in on all sides by competitors or by geography, so there’s bugger all scope for further resource expansion.
If there was a genuine potential buyer who had a process that worked, I would expect them to target a larger, higher grade resource like Hombre Muerto West (owned by GLN).
There’s a few brine developers circling the drain right now, and I unfortunately don’t think AGY would be at the top of any potential acquirers list.
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1 | 45000 | 0.049 |
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0.052 | 207614 | 8 |
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