Hi jgroenheide, This article...

Hi jgroenheide,

This article (https://www.bloomberg.com/news/arti...es-1-3-billion-deal-to-acquire-arizona-mining) indicates you're on the mark with what S32 will do if we hit paydirt. Of note:
-Global diversified miner South32 Ltd. agreed to acquire Arizona Mining Inc.for $1.3 billion to add a flagship silver-lead-zinc project in the U.S. and said it will remain on the M&A hunt as deal-making returns to the sector.
-“We are still very much active,” in searching for deals, South32 Chief Executive Officer Graham Kerr said in a phone interview. “People want us to put their cash to work.” The producer, a losing bidder in some recent mines sales, sees more value in undeveloped projects as prices paid for many existing copper and coking coal operations have been too high, he said.
-South32 also has stakes in other smaller companies including Trilogy Metals Inc., a developer of copper projects in Arizona, and AusQuest Ltd., which is exploring in areas including Peru. There’s no immediate need to add to these positions as the producer has a clear pathway to acquire control of those developers, Kerr said in the interview.