RE: 6% Copper Equivelant at BP?24 Jan 2019 07:36
Fair enough, ignore, or filter me then if it bores you this time.
..it does make me wonder why AP is throwing so much of Vasts cash at BP, Blueberrry, and Zagra, spreading our financial position to the point of breaking.
But then again, he is set to receive the cash equivalent of 10% of BPs minerals, 2.5% of Blueberry, and 10% of Zagra as well.
...Now, if only there was a way to make shareholders feel they have no choice but to accept his assets....oh wait a minute....
As far as BP is concerned, it really doesn't matter if the resource turns out to be a failure, he will be guaranteed his cut regardless, and the shareholders to pick up the pieces.
Of course, BP could be spectacular....but it does make me wonder why AP isn't wanting to delve deeper into measuring BP, but rather, leaving us measured at 6% copper equivalent, with a 1.8mt resource....numbers loosely derived from a very unmeasured, low categor