RE: otrabTinker:
The Eritrea project I mentioned, specifically stated that "there were rumours" - - - that remains as such today from my sources.
No, CXM is not only not rich enough, ( after the just completed option/wrt exercise ), they should have close to $7 mil. in the kitty; but the Eritrea project required a lot more than dollars.
At this point in time, CXM is strictly a shell with zero assets other than the dollars in the bank, and of course Lukas' backing.
If you had followed the Lundin companies over the years, the buy and swap amongst the group has been prolific. The most recent is all the North American assets held by Valkries just got transferred to NMM, to compliment their other N.A. assets.