"I just hope that their interests in MKO are more than their...

"I just hope that their interests in MKO are more than their interests in EAR."

Their interests, as are mine, are what's fair...and what's fair is what the independent valuation comes up with.

" they will have to spend around $100m if they don't get access to BW infrastructure to get to production"

When you see how big and quality the EAR resources end up being, you will understand. Both companies bring something to the table and avoids the huge cost involved of having to go it alone.

"The better the drill results for EAR and the longer MKO wait the better the leverage for MKO in negotiations."

And if it gets so big, EAR decide to say "Sorry guys better for us to go it alone"??? No, each company has equal leverage. MKO cannot start producing without a resource, EAR has the resource and its the best one in the area imo.

"Your point on a larger player taking out both companies is interesting ....combined market cap is around 45m at present. BLK market cap is around $90m with a smaller plant but 100k oz production for around 10 years. How far away would the combined entity to be getting into that position ... 2 yrs?"

I love BLK, but this imo has significantly more upside.

Cdchi1