RE:Buyout soon? The podcast interview suggests TUD won't do a deal unless there is an extraordinary premium to market. They believe they may have much higher value deposits somewhere on the property, and have been surprised by Goldstorm's grades going North - still open and requiring drilling.
I thought I started to hear KK say "Freeport ..." and then correct himself. There is definitely a lot of tire kicking and keeping in touch, but really, can any deal but a consolidation of SEA and TC make sense? It would be the mega-deal for the Golden Triangle, a major tying-up TC with an understanding it will then consolidate with SEA for a single multi mine development.
KK made all the right noises about being unhappy with current valuations in the whole sector.
Hold on for another successful drilling season - unless a real bolt of lightning amazing premium to market deal appeared out of nowhere. I doubt it. Got to see where Goldstorm ends and what PSZ holds.
cg