Further to the above, It is a complete no brainer, that we have AME (Shandong Goldsea Group) by the balls.
The Capex for Shandong Goldsea Group to fund the construction of a new processing plant will cost more than what they will have paid for AME. Additionally, the cost for all other associated infrastructure such as Diesel generators, site amenities etc. The time delays for design, procurement and construction of a new processing plant. Lastly, the additional YEARS OF WORK required to build on their current pissy resource.
MDI Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
