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Duluth Metals Ltd DULMF

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GREY:DULMF - Post by User

Duluth Metals Ltd > March 2014 presentation - seriously ...?
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Comment by miningfundion Mar 31, 2014 8:30pm
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Post# 22392848

RE:RE:March 2014 presentation - seriously ...?

RE:RE:March 2014 presentation - seriously ...?
Generally, when the junior (less powerful) partner of a JV weakens, the senior partner benefits. For example, Duluth's weak financial position exposes it to Project dilution if it cannot meet its cash calls. Its weak market capitalisation exposes it to unfriendly third party takeovers/changes of control that might give Anto an advantage, despite the standstill agreement, which expires in July 2016. 
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