RE:RE:RE:RE:RE:When Brent walks away17% return in an open pit high-grade mining project with all the infrastructure in place. Risk-reward is better than that of DAN I dare say. They don't have to raise 150m. They will sell the deposit.
Thanksforplaying wrote: Let me explain it again to you. 17 percent return is a lousy potential return considering the risks. Investing in Peru. A mine that hasn't even broken ground. Sector risk etc etc. smart people don't invest in Peru, into a mine that hasn't even broken ground for 17 percent! If someone wanted to make 17 percent over several years, they would buy a blue chip like POT!
They will never raise 150 million. The deal is over