Post by
Wangotango67 on Jun 10, 2024 12:27pm
Interesting...
Been seeing several JV's lately with 80/20
Perhaps indicative to juniors struggling to find funding.
Large Corporation
https://corporacionamerica.com/web/
Corporacin Amrica Airports S.A. (NYSE:CAAP) Shares Bought by Goldman Sachs Group Inc.
https://www.defenseworld.net/2024/06/10/corporacion-america-airports-s-a-nysecaap-shares-bought-by-goldman-sachs-group-inc.html#google_vignette
Thoughts ?
If they drill more / add more tonnage / it will benifit shareholders.
The obvious.
If they proceed to Pre Feasibility using current stats.... then, uh, hmmm.
And.... the aspect of other radiometric minerals.
Are there any other economic minerals in which would add more value
without compromising costs of, extraction ?
Too premature ?
Had BSK waited another year - added more beef to the resources...
Would it have given BSK more clout to barter better terms ?
Hard to say.
And of course the caveot,
The parties have agreed for a period of 90 days (the "Interim Period") to negotiate in good faith definitive agreements (the "Definitive Agreements") in connection with the Proposed Transaction.
BSK knows their resources and lands best.
If they feel there's good odds to grow the deposit all the more then,
70/30 or 65/35 would sound more reasonable.
90 day mull over was smart.
Airport Company = Uranium ?
As mentioned before... there's more $$$$ if junior secured a 5% on electrical rates.
lol