RE: Junior partner at $1.10Does not tell you much forest.It's like krd sitting with all these sli shares.Trying to factor in how much additional value there may be in krd because of this.....not much until you confirm a mineable deposit.
Trying to unload a major stake by either sli(hiho) or krd(sli)would be next to impossible unless it's an pre-arranged deal that would not drive the share price downward....basically looks good on paper at this stage and probably backed-up with an understood or gentleman's no sale provision.
On a side matter, it is confusing when sli says in a few back PRs that it has the intent to pick up the remaining 25% interest to the 75% permissable in Jales/gralheira then later PRs revert to the old phrasing to say SLI has the option ??
One has to wonder what is the Portugal status and why the over 6 mos delay in the Lewis or whosever report.I'm in this for Portugal not Peru and like the new broader krd interests.That said, it is confusing why this veil of silence and non activity surrounds Jales from SLIs standpoint.Some appear ok with the SLI,GM meeting statements of a forthcoming report - why based on past missed commitments.