Post by
k22k22 on Jan 26, 2016 8:49am
BHP's exit may raise the curtain
Would it be in their interest to have any good news with BHP still attached with their royalty? Mind you they must play by the rules, but would it be shocking if they began to release news with more colour in the next year now that BHP has exited??? Hello, anybody home? Why boost the prospects of a mine with a parasite hanging off your neck? Today will will indicate if they are comitted to it or not.
Comment by
ibeennorth on Jan 26, 2016 8:59am
in the NR it refers to peregrine exploration as doing 2015 work at lac de gras......is it also who is doing the work in Botswana from a legal stand point?
Comment by
cudjo on Jan 26, 2016 9:36am
If they held on to material news to wait out BHP, expect a lawsuit. 2% royality was not a parasite, it is something they negoitated with BHP, BHP pulled a boner when they moved it and cudos to management on that, they saw an opening and took it. That is it.