Jan 11th posting here.
“He did explain the best back up in Tucson would be for a much smaller partner in the shaft mining alone which would produce own funds to do it all if that’s his decision on the offer. He does say compared to what was being offered the family before Mexus it’s been an enormous amount more so decision is it enough for what he offers them?
Obviously it was not! So what would you imagine a person turned down Fresnillo as insufficient expects to get for a net smelter share 25% in a really high grade shaft? And we use our mining and recovery equipment? My guess about 35% to 40% added value to the operation. We can expect a good well known name on a JV, long past experience providing hard rock underground licensed operators blast qualified and net work of supply and sales established in the area S. AZ/ N. Mexico. Sound about right? Mick Dundee’d say, “NOW tha’s a knife!” 8