RE:RE:New Press Release - Cerrado Gold Signs Option and Loan Agreements With Subsidiary of Hochschild Mining PLC for the Sale of the Monte Do Carmo Gold Project for Total Consideration of US$60 Million (C$80 Million) @TBill3: It's not as simple as that, because the agreement is on an "OPTION" of repurchase of MDC, and there are conditions to be met.
If this transaction is finally concluded, it would be necessary to ensure that the payment schedule can truly help Cerrado to capitalize its working capital and finance its investments, not knowing what investments are involved and what the economic benefits will be.
If this transaction is not finalized, what will remain once the deadlines are met? The answers are all the problems that the sale of MDC was to resolve, in addition to the advances from Amarillo, the equivalent of a liquidation.
See what you have to gain, or lose, based on the uncertainties, and make your choice.