RE:Eye Shadow She's a beauty dressed as a pig by her nasty step-sisters Rio and Mongolia. Talk about a Cinderella story in the making ... if only she was seen in a true light!
Patience, patience ... for 19 years! But in the interim she has traded through enough swings to pay her way nicely. This long-time admirer dipped hard to drive down my ACB a few years back and still believe the end chapter will be a happy one. But ouch on the time cost of money while management gets a free ride and we twist in the wind.
Lift 2 is a genuine world class asset and common sense suggests it is much bigger than ever yet disclosed.
FMCDH!!! But let's get on with proving the extension of Lift 2 and get to the table with our partners to consolidate the property and buy us out. More than enough is there to make everybody happy. It will be very interesting to see if the arbitration ever gets to a hearing or it precipitates a "final solution" for what has become an awkward and uneccessarily administratively expensive structure that surely was never intended to last this long.
Apart from Lift 2 being revealed as much more valuable, one good shallow drill result anywhere else on the JV - and this is elephant country with major targets - would blow up the price and get rid of us in a hurry.
No low balls, we know what we got.
ch