Ok Now lets look at Mr Lou and your argument there
Mr Lou spends approx $40m from 2007 on both mining assets he brings Mouribiri into production late Nov 2013 after attempting to list on the ASX through IPO to open up various streams of finances to further capitalise on the leases.
after spending this sort of capital and realising his goal of production but a t a rate of 50tpd more capital is needed to gratly increase the TPD and advance Mindouli to scale of activities this means money and obviously being in debt buy a large sum which you have pointed out he decides to sell the asset for a tidy profit but retains a 20% stake in the company which will be cash flow positive from Day 1.
Now who has a better chance of raising the capital that is needed to advance this project, A publicly list company on the ASX or a private Chinese investor ?
what would you have done ?
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