RE:Freeport Prepared to Invest $5 Billion in Cukaru Peki MineCould you provide a link to the report that Freeport values the reserves at about $18 billion?
I think that I agree with your conclusion that Freeport or someone else will buy out RMC's JV interest in Cukaru Peki at a significant multiple but I would expect the deal to include RMC as a whole and not simply their interest in Cukaru Peki. I also think it will be sooner as the current low share price must look appealing to potential buyers.
I will expand a bit on why I agree with your conclusion later this weekend. Hopefully, when I do the board will be willing to contribute to my hopeful thought process.