RE: Peer company deal with Barrack6 Apr 2023 01:00
So thinking out loud, speaking hypothetically on that information you just made me read.
TL was always planning for this end game, no matter what. To sell the licenses in Cameroon to the highest bidder (including royalties of future mines pours when in production).
Because as is the clue in Oriole, being in the field of “exploration” & not a miner.
Consequently that would mean the balance sheet running low wasn’t a concern, as Tim knew the majors would be sniffing and bids would be received, wanting their bid to be accepted first.
But in effect once news breaks it would start a bidding war….
IF!! Thats a big IF this was Tim’s plan all along. Wow talk about being ballsey & c0cksure of yourself knowing it will pay off!
I remember saying in 2021 this was a bottom draw investment. Forget about it & concentrate on other things. Maybe that draw is being opened….
I’m keeping the faith