TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Apr 30, 2015 8:15am
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Post# 23679547
RE:RE:RE:Halted!!!!
RE:RE:RE:Halted!!!!Well, since we're taking bets, why not:
- It's not a buyout, BAJ has never expressed interest in selling them selves.
Here's what I think it may be, in order of likelihood:
- Mechanical completion of the cobalt/zinc circuits was forecasted for end of March 2015, so it could be that
-Some development/clarity on the Cinto Tails agreement
-They've reached some milestone in commissioning. Typically there are a few of these throughout the commissioning period- i.e. You must run the plant at min. X% of nominal capacity for X consecutive days to demonstrate that you have reached X% completion.
-Copper circuit has reached what they consider to be 'normalized' production so they are able to quantufy the final, all-in costs of construction and commissioning, and our equity stake has been calculated. (I am happy with anything more than 5% at these share prices).