"Yabulu and QPM can coexist"......fun......somehow i dont think so. I really think Clives efforts to reopen will fall over, basically because he wants someone else to stump up the dough while he gets the glory.....
anyway, there could be any number of scenarios that present themselves from here on.....whilst i havent looked at this in much detail, it seems QPM are aiming high, with plans to build from scratch, its certainly not pie in the sky dreaming though. What i noticed was the fairly short time line in reaching some important decisions, which places pressure on both sides....
again, just from a quick overview, i can think of a few scenarios, of which, i'm certain you guys here could add to.....
* Clive restarts his refinery, offers a knockout deal to gain NewCal ore.....
* Clive fails, his refinery is dismantled.....
*QPM buy the refinery for a handful of beads and cloth in a liquidators sale, get a head start on their construction timetable...
*Clive buys out QPM to silence them
*Clive cannot restart, nobody wants to deal with him....refinery again, goes on the auction block
QPM, regardless, seems to have a slight upperhand, and, i'm certain there is more at play in the background
whilst not holding atm, i found it was worth another look at the deal, and am beginning to suspect some long term thinking is in play.......i'd be very curious to see other folks views on all the possible outcomes
PM1 Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
