Right now I would rather have a committed partner working towards the same goals & getting well compensated when those goals are met then management going window shopping. Don’t forget part of the deal is also exclusivity in the region (who knows how many 10s/100s of millions could this be worth).
If Lilac scale like they say they can & pump out 50ktpa at Kachi - everyone is happy (well maybe except shorters). LKE can then window shop if/all they want on the 3 other projects.
LKE Price at posting:
$1.05 Sentiment: Hold Disclosure: Held
