barrick gold opa, page-10

Thanks Couchy,

Having read this again, i now recall the original thread (which i did not earlier).

Ok, so we may be looking at say $10M and change to get it processing.

I like, and agree with the last comment, particularly when FML have enough on their plate without having to spend money on Barnicoat in the short term.

You mention 2-3 years, which is much better than what is currently purported. Kent mentioned in his email that a new OPA was done, but we know nothing of it. One can only assume that if its new, it certainly goes beyond June 2013 and ties in with your timeframe from Jon.

Anyway, the longer they stay on the deal the better as the cash has better purposes as the moment, including in the balance sheet itself as a current asset!!!