Post by
redmetal on Nov 24, 2013 10:59pm
Argentina inflation
I wonder if the fact that inflation is out of control in Argentina (up 30% over last year) is killing any interested buyer. The PEA is out of date and is only a little more than a scoping study. The true costs could be over $4 billion at this point. I think Ross is going to have to spend some money on at least a prefeasibility study to convince a buyer at this point.