Something I think has gone unconsidered. Solgold's management aren't rubes. If and when they sell ALpla or SOLG. They are likely to keep some interest that may be out of the money now but is unlikely to be in future.
For example when Havilah Resources (HAV) agreed to the option for OZL to buy them. I think they had a profit-sharing trail at Cu over USD$4.75 after a certain level of production (a level that would amortize the mine and lock in some profit on it. The $4.75 Cu price was well out of the money with Cu at USD $3.30. It's not now, is it ?
Similarly, I think Alpala and probably Porvenir are likely to be such successful mines that we will need up with a residual interest worth something. maybe not in the next decade but later and in meienegful in a boom which is likely in copper.
BTW that residual interest was a major reason why Cornerstone was able to screw such a good deal with Solgold in the merger.
All IMVHO.
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