RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:warrants - extending the Exercise Period to August 3, 2020Your point about the Chinese coming in during the 9th inning should be lost on no one. They back these state-run enterprises for the purpose of guaranteeing the necessary flow of the raw material needed, for the good of the country, not any one's individual profit. That's the difference between the communist vs capitalist mindset. They, in turn, formed a hybrid version of that, benefiting those elitists who have sworn allegiance to the state. Because profit is secondary to the greater cause, they essentially are "buying" the product at a discount to the market price, thus allowing them to pay more for the source.
In our case, the property brings with it an existing infrastructure of roads, rail, accessible ports, electric etc etc. Collectively the additional cost to build these assets out would cost many multiple millions. So, as we knoe, ST is the gift that keeps giving, so in these rocky times, its important to keep the faith.