RE: at the worst we''''ll be bought out-califNice analysis, calif.
I was little doubtful if leaching is easy or inexpensive.
1. Many of the projects have run into difficulties with construction and stabilization as it is High Pressure leaching v/s conventional.
2. If GMI forgoes potential 300 profit (~90 % of Ni value) for tolling profit of 50, they would be going to the most expensive check cashing shop. Is that their confidence level that is pushing them to Falcondo?