RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: L& DC & Sharpei,
I also believe the co. is serious about a dual listing and they may be positioned sooner than we expect, say within 6months. What is encouraging is their focus outside of Guizhou, to the north. Finally. While waiting and positioning for the Great Consolidation, they finally are getting serious about other opportunities.
A scenario where they do not need other partners in acquiring mines in the north:
Line up a few "smaller" mines ( 1- 3 M) cast off by the bigger players; 50% bank financing very feasible. Raise additional capital needed with HK listing and use of capital laid out.
In the meantime, progress in building out infrastructure for wholesale business; progress in upgrading their mines.
DC, sorry about the hit re LPH.