RE: buy out7 Dec 2018 10:26
from RNS 5th December ...
"Discussions continue with suitably qualified and experienced companies regarding contracting part of the mining operation at Monchetundra, as well as acting as owners' representative during mine construction. The Company hopes to emulate the contract mining arrangement utilised at West Kytlim, the Company's operating PGM and gold mine, by contracting the mining operation, for a percentage of gross revenue, to a reputable international specialist company with experience in Russia, while maintaining ultimate control and ownership of the project."
So, there is apparently something the company rather would like to share than to give it away completely regarding contracting part of the mining operation at MT during the mine construction + intention to emulate a contract mining arrangement as at WK. Contracting mining operation while MAINTAINING ULTIMATE CONTROL AND OWNERSHIP. Also keep in mind EUA's hard work and longstanding commitment obtaining this licence, which began more than ten years ago, has finally been completed (RNS 20th NOV). My preference would be exactly that and so EUA could further work on other projects and further develop the company i.e. increase value for shareholders.