RE: Some bank holiday speculation3 Jun 2022 22:49
Good points Rcgl. So undervalued or not, selling the Cascabel would leave us almost with a shell, unless they have enough drill results to show that the shell is full of jewels, which is unlikely at this stage. As such, it would be a strategic mistake to get into such a transaction and run the risk of becoming a shell company (for some good time). From a portfolio approach, package everything. Of course, there is a risk-reward tradeoff and a less risky approach would not deliver the highest value.