I'd be happy with a 1:1.6 ratio but I've got a horrible feeling it's going to be 1:1 and we are basically taking them over thus the premium. Guess it's going to be what MR and mates are happy with. If the mill works I reckon they maybe putting that Cranke ore though it asap. Maybe it easier to buy an existing mill than permitting a new one. Wouldn't mind knowing what the specification of the mill are even if it is in poor condition. Happy getting exposure to the silver, but I've got a feeling we are not going to be very happy with the deal. Hoping to be pleasantly surprised, but not expecting to be.
IRC Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held