RE:100% ownernofluff wrote: If the other 2 partners decide they want out, negotiations would be quite simple.
Looks like value has been pinned.
nf
100% ownership under the right terms could be quite beneficial. I assume Solitz was paying their share of the C1 before their check was cut, or did they take their share in ore. The other two owners have smelters I believe. Wonder if there are North American smelters that want the offtake. So many factors could be going on behind the scenes.
a particularly sneaky mgmt would would choose a certain time to mine the tough stuff and then negotiate a buyback when the grades are not so good. Are these guys that sneaky? Not sure.