- turns out that Moiles was hired by the creditors. How convenient. Does not sound like they have much regard for the shareholders.
- Other nebulous bids. Sounds like more or less have to take them at their word. Others looked. Others denied.
- So many creditors for so many small things. Does sound like shoestring was not a fantasy at Nevada Copper.
- Pala and Mercuria in for so hard. Sounds like basic dreaming. Roll the dice. Sunken cost fallacy.
- Issue - Sounds like underground mine itself is a fantasy. Same for strip mine. Too much over-burden. Not enough high value ore reasonably available. More hopeful thinking.
- Note - my basic fallacy was thinking that Pala would never just throw their money away on a fantasy. Nor would Mercuria. So there had to be some latent value w extra for shareholders