etc.
Now that is an interesting question.....first, with the huge drill indicated tonnage, and assuming implied value per tonne remains high....if RT has a price in mind that can be met and there is only one interested party, IMO it could be "friendly" and happen as soon as two or three weeks(after the easy cheap paper under $20.00/share is moped up).....now if there were two interested parties, who both vied for control of Winspear with their cheque book in the market, like Inco and Falconbridge did with Diamond Fields, it will take longer and we will get a higher price, for those last critical percentage of shares that still may be held in the market place......IMO, if the stone size distribution, shape, color, percentage of gem, average value and therefore high implied value per tonne stands up, it is most likely that DeBeers would not voluntarily cede a significant percentage of the large gem market to another player by standing by and not acting....Snap Lake would rival Jwaneng as the most valuable deposit in the world in.....interesting times eh?
regards,
teevee |
