RE: bhp pulled out22 Dec 2021 09:39
Hi RK ....Totally agree re the Franco deal , but what is to stop us looking elsewhere again , and would that force BHP'S hand?
I disagree with Smith Trader and believe there is a very realistic possibility of a third party entering the fray.
Time after time NM has proved we don't need BHP to raise money .... in fact they were overlooked in favour of NCM early on ..... then Franco ..... Valuestone etc. There are plenty of options to raise money that don't involve BHP if we chose. we could JV , we could find a buyer for Porvenir ........ Rio could change the whole picture at any point.
I believe the delay in PFS will turn out to be a smart move, buys time whilst we develop other licenses ...... this is a game of cat and mouse and I don't believe BHP are the only game in town