BHP didn't walk away at all. BHP were unable to strike a deal with the owner at the time.
Godoy, working for BHP at that time and being the head of exploration was very keen to pick up El Roble. Don't forget BHP is only interested in Tier 1 monster projects. That is an important point to consider when investing in MNE.
Godoy approached MNE about a working at El Roble and couldn't believe the terms MNE had negotiated for purchase. The owners circumstances had changed considerably since the BHP negotiations.
MNE is working at breakneck pace here to get things going. We are at the bottom of the elevator ride. A little patience is required.
MNE Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
