What is NML's minority interest in Tandarra worth in the market place?
We do not know because we are not privy to the terms of the joint venture agreement.
Who might buy this minority interest? Presumably CYL would if the price was right.
Would CHN be interested? If I was CHN I would be drilling like crazy in their East target - as close as possible to Tandarra's ore bodies - if they were able to demonstrate that the Tandarra ore bodies continued West into CHN's lease then I would think they may be interested - after all a bird in the hand may be better that two possibles down a drill hole.
What is NML's minority interest in Tandarra worth in the market...
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