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Yeah that's a fair call MD, I was just trying to sus out what...

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trentwilliam

263 Posts.

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30/01/19

02:58

Post #: 37258423
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Originally posted by Metalduster: ↑

"What are some of the figures that anyone is hoping for on this SDV deal if it were hypothetically to be a 50% partner? "

trentwilliam
From the transcript https://finance.yahoo.com/news/edited-transcript-gxy-ax-earnings-092439636.html
Below from A. Rule
"We've received an number of -- we've received several offers from potential strategic partners that are currently being evaluated. Galaxy will only proceed with the strategic partner if the final terms probably -- properly recognized the fundamental value of Sal de Vida and the partner can add additional value to the project such as technical, operational, project execution or financial."

Quote A.Tse Same transcript
"But if you actually look at the capital funding objective that we were looking at with the strategic process, we've always been looking at having the strategic partner come in and cover the balance of the capital requirements for the project."
........................................................................................................................................................

As far as a Partner goes according to A.Tse, the strategic Partner is required to cover the balance of the project. (Lets say its 250-300m?)
Alan Rule earlier gave a number of potential requirements to be that potential Partner to cover costs other than GXY's share.
"add additional value to the project such as technical, operational, project execution or financial"

"technical, operational, project execution or financial" Doubt anyone on here could come up with something as to what GXY is prepared to offer re the options from A.Rule .

IF a Deal which, "properly recognized the fundamental value of Sal de Vida and the partner can add additional value" eventuates, then we will know.

Its in the too hard basket for me. lol
Good Luck
Md

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Yeah that's a fair call MD, I was just trying to sus out what kinds of wild speculation other people had. Weather they think this deal is gonna be a big old AT northern SDV rabbit out of the had or a flop.
I was pretty sheety today after $2 fell.... I'm a LTer so although nothing that the SP does right now really affects me in any way it's still frustrating AF.

i might just go back to silence until something new starts to happen...if

GXY Price at posting: $1.98 Sentiment: Buy Disclosure: Held
3 Upvote

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