I'm sure you're right. Appian probably has many considerations that motivate them to keep chasing Harte, but none bigger than trying to get back the $100m they've already invested.
This is an opportunistic play by SLR. At the end of the day, SLR can just walk away if Appian wins because Appian will still need to pay SLR out. In which case, I would say that SLR are still in the box seat because they can take or leave any offer from Appian to sell the mine to SLR. We already know there are not very many other interested parties. We already know Appian is not a miner, they can't mine the gold themselves with their pencil's and fancy suits.
- Forums
- ASX - By Stock
- SLR
- News: SLR Harte Gold Announces Execution Of Subscription Agreement And Loan Agreement And Makes...
News: SLR Harte Gold Announces Execution Of Subscription Agreement And Loan Agreement And Makes..., page-40
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online