I think the Friday ann will "Thanks but no thanks Mr. X from China... your offer was duly noted but firmly rejected by the board... btw, you are welcome to enter BGS as a JV partner by providing us $50m as a starting capital to progress the mine + processing plant and assuring the same supply that you want outright"...
they have to be in a TH while there is some internal discussion within themselves... that is responsible management... but selling out so early in the game doesn't make sense... they can always find the next big thing but this is not yet that big enough to sell out... even a 100% premium on today's price gives us 66c ~ $120m MC... or if the offer is too good to resist, it may be tops of 75c ~ $150m... still peanuts compared to what we can be in 2017 itself... why sell your house when you are still in the DA stage when you can build a decent house and get double the profits in just a few months?
now we do not even have the gold to work on... that option is gone too... BGS would just become a shell with lot of money and nothing to show in the immediate future... Li is here to stay and a lot of golden eggs can be collected from this one rather than just hack it so early in its infancy imo...
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