Good Morning Viewers.
I think you are Absolutely Correct, TRI2.
Perhaps two things should be considered at this point.
1) The European / Greece situation is now looking so challenging that the "Sovereign risk" factor outways the benefits. (Who would have thought Australia's S.R. would have gone off the dial for a while, thanks to a change of Govt?).
2) Thank goodness CFE DO have contacts around the traps,
that are hungry and ready for a project of this size and
can feel confident for their shareholders that they are creating wealth for them!
In summary, the product is worth what the buyer is willing to pay for it.
Thankfully, we retain an exposure in the project through a share holding. Perhaps, if we have "given it away", at least we will see stronger returns later on.
Finally, I don't think this is our last piece of involvement in this Sappes Gold Project. What I mean is, having had one night to think it through, it may be that this is simply a back door way of listing the project, and we will actually become quite a strong participator in the project due to financial help in future capital raisings.
(Because we, CFE, are not a producer!).
Thanks For Your Time.
PJN
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