I think it depends on how you define a "win"
If a win is to fully control the mine and make all the decisions on financing, selling and giving directions
And to operate the DSO, make cash and sell to a major after the DSO stage, like the Masbate Gold playbook,
Then having a new uninvited majority partner calling its own shots doesnt sound like a win
If a win is sitting back and funding 40% of the project, raising counterpart funds and not having control over whats going to happen,
then a new partner looking to buy you out may be a win
I guess it all depends what was promised to the shareholders of RTG when they were asked to pull money out of their wallets for this project
Does this sound like what was promised in the first place?
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2 | 27882 | 0.034 |
1 | 50000 | 0.030 |
1 | 250000 | 0.028 |
1 | 500000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 27885 | 1 |
0.041 | 200000 | 1 |
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