Post by
megacopper on Apr 08, 2013 10:13pm
rmc ends up with 25%
So when all is said and done rmc ends up with 25% of this deposit under the agreement with freeport. So what is that 25% worth? Any guesses. Thanks.>
Comment by
redmetal on Apr 08, 2013 11:16pm
I stand corrected, Freeport owns 57 % and the government owns 22%.
Comment by
redmetal on Apr 09, 2013 12:05am
No need to raise cash for along time and less than 50 million shares. I bet it will not be long before more Joint Venture deals are signed on the other Serbia acerage. I bet we will be able to even cut a better deal given what is transpiring here. Freeport is probably already negotiating. Any bets where we close tomorrrow. i am betting it is between $4 and $5.