They have a strategy mapped out there.
1 - grow El pillar size.
2 - Sell El Pillar.
3 - two low capex gold copper mines - Nueva Sabana / La Demajagua
4 - cash flow from 3, expand exploration
5 - DRG award cash into exploration.
Clearly they see the prize in El Pillar as a resource gallioth to monetize, and do so with the cash flows of the two mines.
But cash flow from the two mines will get the valuation of the company rising, why then not feed that into the additional gold oxide acquisitions, to get a third cash cow ?
If they are considering, to monetize these two cash cow mines, assets now, in order to fund money into El Pillar ?
What is the scale of the prize of El pillar, that they see priority to expedite selling your cash cows to accelerate its monetization ?
Would you sell your cash cows up front ? to expedite El Pillar ?
Or retain your cash cows, to grow more cash cows ? / expand El Pillar in parallel. ?
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