Hey Tangs,
I think they did, but... they had too, otherwise the 'plan' to meld the two assets together would not have worked.
Also... GOR took a tilt at AOP (I can only assume they had a similar plan to RMS, but... were not willing to overpay for Rebecca, whilst RMS felt they could for their own reasons- though I think they have proven they can run the hub/spoke, GOR have no proven ability to run anything).
I don't have high hopes for Rebecca from an exploration point of view, but then... I think all that matters is base load it will provide (perhaps 10 year at 80k p.a with anything above that coming from BRB). Hopefully they can expand the resources they have their by a small amount, but I am not counting on it.
@unitfree2 - please please take a look at CMM. That should answer all your questions.
Looking forward to reading RMS quarterly. Should have a lot more color on how Penny is going, plus all their studies and exploration.
Ann: Breaker Resources NL Takeover Update, page-39
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$2.16 |
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Mkt cap ! $2.494B | |||
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|---|---|---|
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