RE:RE:RE:RE:RE:RE:RE:RE:RE:OlieBollenBilly and the WisguyWill Novo overpay for the plant because it will run out of funds soon? What percentage of Beaton's Creek and surronding areas will Sumitomo get? Sumitomo will get at least 20% and probably 40% if it provides $45 million or more to buy the plant and tenements that Novo wants. Egina is already in hock for 40%. All of those profits those dreamers over on ceo are projecting are overstated by half. Novo is now just a subsidiary of Sumitomo.
From the plant workers post:
There were too many factors leading up to the administrators stepping in to make it a "low hanging fruit" type situation for anybody looking at picking it up for a song. The mining lease is probably the most valuable asset, but the plant would need much more work.