The biggest asset Mincor has is David Moore. I believe this is why MCR hasn't been taken over already.
It's still possible for a takeover, but I see it as unlikely. I doubt anyone else could manage this number of small mines so succesfully year in, year out.
The Chinese would prefer 1 or 2 large mines that are easier to manage. WSA for example.
That's the way I see it.
for sale?, page-3
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