All I'm saying is the Merchant/investment bank will take time for their own DD.
Doc also said he wanted to leverage the relationship with Mali officials for NEWCO, I wonder if that also extends to FFX providing security for the NEWCO CAPEX. Now that's complicated but hey that'll be exciting.
Fees may incorporate hedging costs for gold.
That's a serious number for the sale of the lithium - $300m or $210m net of tax. FFX keeps $60m for capex leaving 150m for a capital distribution to shareholders of 18 cents per share unless Doc goes on the acquisition road
All I'm saying is the Merchant/investment bank will take time...
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