RE:RE:We need a PP before drillingI wholeheartedly agree! No more peanut deals for Fortescue anymore. We would just give them more ammunition to take us out really cheap.
I just can't wrap my head around a reason why we should not be able to garner the interest of a 3rd party to get their foot into the door. Especially once we get drill permits and would be able to finally see some progress on the deposit and with that even increase an already impressive tonnage of copper.
It is mindboggling why we didn't attract any other suitor by now anyways. Something must be going on in the background we retail investors don't get. Or maybe don't want to acknowledge?
Nevertheless, if we give Fortescue an even bigger share before drilling, we will never see a share price over $1 in a takeout offer.
There is a reason they threw out JF and don't tell me it wasn't because she didn't agree on progressing the show fast enough. That is utter BS! It looks more like she was standing in the way of giving Fortescue and even bigger share for next to nothing.
Nevertheless, GLTA
Buffet11