I would be disappointed if that was the case. We only have 2 wells and a lot more to explore. The 2D has shown a number of additional plays that are on a scale of the Mukuyu. Plus IVZ believed the share price would be worth between 30c and 50c on discovery and independent assessment put the company share price value at 77c. To give away 10% for a lousy 25 million is crazy. I could see us giving away 10% of Mukuyu but would want about double (50 Mil+) at a minimum. This MF is huge and to virtually give away 10% for two thirds of F^&k-all is madness (All in MHO, DYOR blah, blah blah).
I would be disappointed if that was the case. We only have 2...
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Mkt cap ! $110.5M | |||
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