re: Ann: Mumbwa JV Project - Remaining Phase ... This is just a guess but i don't think Glencore are interested in a takeover. I think they like backing these small companies, take a big position in them but leave management in place to run them. It's a smart way to go as you want the best guys running your companies and in the event of a full takeover you probably lose them. Have a look at what Glencore has done with Minara for instance, kind of similar... Great for us share holders as we benefit from being part of a great growth company but have the backing of one of the top players in the space. My thoughts only.
I would like to see BTR go a bit more agressively in Bakina Faso and maybe pickup another exploration project.
Ann: Mumbwa JV Project - Remaining Phase 4 Result, page-15
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