RE:Investor Rights Agreementjclarke,
My take on matters, the longer RT extends their rights prior to a buyout offer and the closer we get to the shovel ready status, shareholders will maximun their return from Casino.
As the geologist from RT stated to Paul when Paul inquired why doesnt RT just buy us out now.
The geologist's reply, that's just the way RT does their business. RT don't just jump into a buyout offer, they complete their dd process in it's entirety, and are prepared to pay more in the end.
I also haven't forgotten the "Partnership Agreement" layout was prepared to allow other Majors an opportunity to enter into the mix at a later date.
IMO, not everybody shows up to the dance on time, there's always late comers arriving which I believe Newmont and others will be those late attendees.
Bottom line, if it comes down to a bidding competition I've got my $ down on Newmont.
Next up, the metalurgical sampling results and FS by the end of June, followed by the YESAB permitting process commencement end of Q1-2023.
No doubt this will be a test with our patience to the bitter end. Cheers.
Blue