Its great that we have different POV's. I still think it would be good business strategy for Newmarket to secure 100% ownership of the ore feed into their mill by strangling AHK. They're woefully unprotected and don't have the ability to fend off aggressive corporate tactics. That is what I see as a risk, and till we have clarity I'll wait. Your assumption is that they'll get a Tolling Agreement. They have no bargaining power so if they do get one, it won't be at the same generous rates as before. That will change operational costings etc etc......flow on effect.
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