They are definately sitting in a great position to add additional revenue after year one.
Price of copper is headed in the right direction.
That may be why Mount Kellet are looking to cause trouble at the ucoming meeting in May. They may want to distract retail shareholders by pointing to minor management issues, while accumulating their majority position.
I have seent his sort of thing before in other companies, they may try to get as much of the company as possible before taking it over. We may see less of a returnt than what we would see if they just left things as they are.
In my humble opinion these guys are trying to buy out as many small retail investors as possible before making an offer.
You would think they would have to do it before the mine goes into production or else its game over once the money starts flowing, then investors will start paying fair value instead of this deep deep discounted $0.90 today.
Just my opinion but thats how I see it.
