BSG bolnisi gold nl

due diligence extended, page-13

  1. BH!
    2,521 Posts.
    Just had a look on the Coeur website and they reproduce the amendment agreement to extend due diligence.

    The document itself is not interesting, however it was drawn up by Freehills in Sydney.

    In my experience, the party who is chasing pays for the lawyers. In other words, if BSG's lawyers are drafting the extension, it's likely that BSG were the ones who were more keen to extend and therefore got their lawyers to draft up the extension.

    Yet more confirmation (in my mind) that the deal was shopped around by our directors and that, rather than a takeover, it's more of a "Take me, please!"

    Hmmm..What hasn't Norm told us about Palmerejo? Why is he so keen to get it off his hands?
 
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