MOZ Sale Is Probably BestAnyone think Manson and company will deliver this project on time (i.e., first pour in Q1 2025) and on budget?
Typically a gold explorer will either sell before making a decision to build a mine (e.g. Great Bear Resources), or build the mine, pour gold, and then look for a suitof (e.g. Atlantic Gold). MOZ chose the build it ourself option,
MOZ can of course still be sold in the near future (e.g. SBB in the process of being taken out by BTO), but I assume the acquirer would have to honour existing contracts with contractors, suppliers, etc. instead of negotiating their own. Also, question of exactly how much of a premium a suitor would be willing to offer to say, the 30-day weighted average trading price of MOZ.