The words inundated with offers were theres not mine from a bloomberg piece.
If they try to develop this thing themselves it will take about 5 years for us to see the value we would see out of an offer now. Easy choice, twenty now or forty in 5 years?
The only hold up at this point is rio or kepco or india or whomever being reigned in by our management as they doddle, collect cheap options and their salaries...although I do get that they want to advance the project and add lbs in the ground and find the super high grade thats further south, we could all have been a lot richer a lot sooner if they werent so intent on sticking to their own agendas.....and i know im gonna take flack for this one but its the old agenda slated out by peter mac. time to let it go and give the shareholders what they want. A juicy offer!
EXT Price at posting:
$7.50 Sentiment: None Disclosure: Held
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