Post by
kegman on Aug 20, 2021 8:59am
Banyan Angle
I wonder if it is to utilize their operation to process any adjacent mine? Any financing helps them move their process along. If the bidder for Victoria walks into this thought process, 11% of Banyan makes a takeout there easier if it is able to prove resource? Larger operation and longer lifespan. I did ask that question on Monday...why are we investing in Banyan and I thought the response was political. Basically a non answer.
Comment by
OCB1234 on Aug 20, 2021 1:42pm
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Comment by
Zeke2902 on Aug 20, 2021 11:29am
I agree that's one possible scenario and it also may be a landing spot for current VGCX employees with experience developing a mine in the identical geography. Start over from exploration through permitting and construction.....avoid any mistakes that were made and grab a larger %age of the company.....just a thought.
Comment by
OCB1234 on Aug 20, 2021 1:27pm
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