It's an interesting situation.
Buyer defaults after they have already paid $us2 million and clearly with the price of gold rising the asset is worth more now than what it was when negotiations commenced....... seems delaying tactics to me as it appears they need the tenements for economies of scale reasons...
Vka would probably prefer to sell or keep the asset with some sort of agreement because they probably cannot develop as a stand alone producer.
Rsg obviously aren't happy with the gold assets being sold ( eventually) , hence them dumping 30 million shares, with about 18 million to go......
Assets certainly worth more than us$6 million just need to find a seller
It's an interesting situation. Buyer defaults after they have...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
