I agree with you stretchie they have no cash right now, but.. if BPT do get a nice big joint venture, part of the deal will be some $.
However, I would say a simple share script offer would do it.
In fact, it would work out cheaper in my mind to just take them over..? (exploration wise)
even if they 'paid' %100 premium for LKO... = $60 Million in shares, they would be getting a 'bargain' %100 of the PRL2
As the exploration costs imply its worth at least $100 million alone.
Good points regarding other expenditure mate, takes me a while to think of all the angles.
I don't know, just seems a little.. strange?
eh. I just like to have an understanding of whats going on that's all. (as $33 Mil is not small chips)
IMHO
DOYR. Its fun.
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$1.24 |
Change
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Mkt cap ! $2.623B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.23 | $4.209M | 3.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 105017 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 192914 | 10 |
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