Can’t see it happening Panda. With Toho close to being on board in more ways than one and AM very keen to get the most for shareholders I can’t see Sandfire wanting to stump up what many think this is now worth.
Its certainly worth more than 60c which is only around 200M market cap isn’t it. With G1A project share value (post Toho deal) at around 270M b4 the new PFS I think they’ve missed the boat.
Imo AM Is more comfortable with the Japanese anyway as they seem more interested in the lead anyway and they will probably pay a better price for the project than Sandfire ever would.
Be interesting to see just how many would throw into an auction in any case once it’s up and running, then I think we might see a better price espc if the lead price improves.
Gr.
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