RE: AAB also scoops up APEAPE is interesting. Open pit resource (Ag-Zn-Pb) is worth $52/tonne. Very attractive. Underground resource is worth $84/tonne.
If it weren't in Bolivia this would be a fantastic project. And it's still fantastic, but how can it get financed if its in Bolivia? Project Finance lenders wont touch it. And you can't raise a lot of equity at 6 cents.
I don't know, maybe the plan is just to spend what it takes to keep the project alive and be ready to finance when the market and the politics look more favorable.