A few thingsI'll probably get flamed for this one but here goes.
1. I don't think $25 million is jack sh** for the opportunity and the position they are in. I would like to see them do a silver streaming deal on the increased silver production from 4000 tpd-spend $30 million and expedite it in 2017 as much as possible to get the increased cash flow on the books as quickly as possible. Cash flow in a bull zinc market will drive the share price. They are in a great position-Seize the day! Do a little financial engineering. Hell want to mine the piss out of their higher grade finds there in Peru to increase their buyout price since that is the stated endgame. Buyout will be based on a weighting of cashflow and prospective outook. An acquirer will just spend the money and get it into production quicker-making their acquistion look cheaper on a retrospective basis. That is what Lundin did with Eurozinc years ago and they are still reaping the benefits. It will happen again if TV isn't aggressive. Time will tell. We will be ok either way but I would like to see them maximize the buyout price.
2. I will not respond to any of krama 'the glass is only half full" arguments. He was trying to trade his position and I have a strong feeling he got bought out too low in retrospect. He's wanting back in at a cheaper price. I could be wrong-done with it.