Hi asf,
very true re: M&A comments
on the cash point though - the cash was raised for the mine developments. Any M&A by JMS would be done by stock and/or a capital raising along side.
I would suggest scrip deal most likely if it were to happen. Otherwise they would just need to raise money again for the $s required at Tshpi which this management won't do i guarantee - especially when the last one was well above current prices (a decision proving to be a good one)
hope- buying program, page-17
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