Winfield is a minority shareholder in a mine with Glencore. Why do they need their own extensive city office? If their money is real, and they managed to get funding for their prior mine purchase, then the better question is how they are going to behave as potentially the new majority holder as they indicate they will have a 50% min bid condition.
If it goes to bid and is board recommended, only takes Matt L or Golden to reject to keep it below 90% acceptance and may stay listed (subject to # of shareholders remaining).
SMR Price at posting:
$1.46 Sentiment: Buy Disclosure: Held
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