Ha ha...think you guys are losing the plot!!!
Heres my (beer goggled ) take on things....
Takeover....nah....expensive, messy, time consuming...
BCL buys us out of the resource...more likely...I assume BCL have their own mines and are capable of running them, easy just to pay us out and tell us to shuffle on.
Or.... they reimburse our costs, give us a bonus and tell us to move on....but, as well, they say..."nice job, how about we do this again? same deal....".....this (imo) would be the bees knees...we become, in effect, a contract explorer for BCL......low risk, good payback if we find anything....and...we have our own tenements to play quietly on our own account, with the option of going to BCL as saying...."look what we found"
No need to own a mine development with all its risk.....drill drill drill and enjoy the upside benefits.....exploration is the way.....owning a mine is just like having a labouring job....
Thats my 2 bobs worth....back to my beer!!
If BCL takes over our tenement, page-114
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