Buffalo1956…..your were right B1956.....you were definitely right and some of us need to offer a mea culpa!
It's a fabulous deal. The validation proffered by this huge international player makes it easier for various government agencies to now formally commit. I expect them to fall into line now with more commitment and less worry about being wrong. And it sets the table as well for a slam dunk debt deal to finance the mine, mill etc when that timing arrives. I see minimal dilution if any going forward as a result of this deal.
However, let's also remember that we former naysayers were not fortunate to be in close contact with the Walkers. And had we been, then undoubtedly, we would have been less critical. When investors are continually in communication vacuum, it's understandable that their frustrations and fears will emerge. Turns out that our fears were not well founded. Thank God.
Mea culpa
That is now water under the bridge (pardon the bridge pun).
Today's announcement is huge. But with respect Buffalo, I'm not sure you're right about this Mitsubishi deal being limited to just PAK. I hope you're right but I'm not as certain on that point.