I think takeover (personal belief, don't shoot me): 1) DL wants to make REM number 1- needs to be in charge of the resource to do that 2) If BCN remain in charge couldn't blame them for developing Sonora over our JVs- 100% of the profit vs 70% 3) DL continues to accumulate BCN shares 4) Brought in the US moneyman for a reason- surely not to help BCN fund a processing plant- why not just get him on the BCN board if so?
Of course may be off the mark. That's what makes this share / companies / piece of Mexico such an exciting prospect.
Addicknt we are investment co but apparently we can mine. Massive start up costs which we can easily afford IF we sell Yangi . Our 30% is roughly £120mil. Leaves us change for further investments and a mine paying a divi for the rest of my life. Handsome. Shame is none of us have answer. Funny business having new chap on board who has been trading metals for a living.
So true. But dreaming harms no one. The long term and biggest profit will, as usual, be made by the big corporations having international reputations in business practice, sensible market prices and assured delivery and quality. Thats what buyers want.
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