Re re take out anything is possible in this crazy world of finance however usually a royalty company does not want the risk and problems of purchasing a mining company.They usually invest a little early to secure their royalties.If a royalty company were to purchase Mako at 5 a share that would equate to a roughly 3 billion hit and I doubt that would ever happen.
My point in all of this is Wexford will probably want to sell their position in Mako before this bull cycle ends.How long will this's cycle lasts no one knows for sure although with the state of the central banking system and that the system seems to be imploding on its debt this cycle may last for a number of years.So in a sense I feel more secure with Makos share ownership share structure because we know Mako will want to maximize their profit and get out while still leaving upside on the table.So when they sell we will probably be forced to sell at some point and who knows we may become shareholders in the purchers company as part payment.