RE:RE:buyout of all or only partThank you, Wajac. There are many ways to skin a cat.
el d
wajac wrote: erieshore:
They could sell Queensway North, which is only a small portion of Queensway. That would free them up to concentrate on Queensway South where very little work has been done to date.There are all kinds of permutations and combinations to use a mathematical analogy!
However I, too ,think it is a little premature to be thinking of selling. They are about a third of the way through a 400000 meter drill program and if I were CK I would want to finish that before entertaining the notion of selling. And to boot they are fully funded to complete the drill program.
However, as someone has already said, they no doubt have a selling price in mind
and when a major comes along with the right offer it will happen. But at present I don't believe they have seriously considered it. The emphasis is on completing the drill program. After that it's anyone's guess how quickly it will happen. But it will happen and we will be pleased with the price.
For what it's worth that's my take on selling.