Another brownfield operation will be awesome addition to the company. G1A? CAI? Aurora Metals?Maybe the big cheque for selling the 20% WL stake is really coming that is why they can look to buy something. If they do sell the 20% for top dollars, then it sets a template for project development going forward. Imagine they keep buying mines cheap, spend 1-2 years developing then de-risk by selling minority interest, then repeat the process. Huge value creation. The CEO said in the recent announcement "Woodlawn is going to generate outstanding financial returns and create substantial value for Develop shareholders".
Ann: Woodlawn Funding and Valuation Update, page-81
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