RE: Cornerstone Capital28 Jul 2020 17:03
re CGP price differential- they are currently stuck between a rock and hard place, with very little on their books, other than there share at Cascabel and SOLG.
They recently had to sell shares to pay the bills I believe?, so they are basically a one trick pony relying on a good price for it.
I read they wanted 22 shares as opposed to the eleven we offered.
We are all just waiting to see how it plays out, I prefer to not give too much attention, it is what it is, if they reject our offers and we get to BFS they have to pay a percentage of exploration costs up to that point to keep their share. They don't have that sort of money and are unlikely to find it IMO.