OTCQX:GTBAF - Post by User
Comment by
lumpy13on Dec 12, 2019 3:43pm
172 Views
Post# 30449297
RE:RE:Buyout Deal structure
RE:RE:Buyout Deal structureMy take:
1. GBR will never develop the mine, the company will be acquired by a major. A major (Newmont, Barrick, etc) wants to see maximum ounces and will pay a premium for a larger deposit.
2. If it's logical to develop the project faster, and improve the IRR, by simultaneously mine different areas, wouldn't the acquirer do the same thing?
I may be wrong, but the likelihood of breaking the company into multiple companies is unlikely.