Wow, this is out of left field! I like the acquisition cost and the project. Provides a more focused and more economical target.
What I would love to see now is a joint venture for the zinc with a free carry. Would even be happy with a 20% to 30% interest. They need someone with deep pockets to give the prospect a good chance of success. Just can't see how they can possibly progress it along without huge dilution.
I also feel they should still proceed with some minimal drilling of the gold, and if their is something substantial there, then also joint venture that if possible.
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- Ann: Apollo to Acquire High Quality European Copper Project
Ann: Apollo to Acquire High Quality European Copper Project, page-4
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