Ann: Great Australia Royalty - Update , page-25

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  1. 1,082 Posts.
    I am saying that it makes sense for SOL to do it. SOL and copperchem are one and the same. What makes sense for CopperChem makes sense for SOL.

    At the moment, CopperChem are taking plenty of risks because they are paying royalties to the tune of 25m and then need to pay more when they have torn through that. What I am therefore saying is that it makes sense for them/ SOL to snap up EXS for a bargain and get Mt Colin and Kangaroo Rat along with Great Australia. They are still minimizing their risks and letting the "experts" run it.

    They can flog off the rest of the assets because they will be getting them for free.

    Whether they do it or not is another thing, but it makes perfect sense to me.
 
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