yup Spanish properties may just be a deal sweetener that Inmet is not interested in sinking more capital in that is highly needed elsewhere. Also as pointed out keeps the overall price down so their debt rations don't shift too badly (which they can't afford to).
Maybe this is a concession to PTQ management. Give them something to run after the buyout. Maybe this was Fifer's plan all along if he foresaw the buyout an an eventuality. But where will they get the money from to bring it online?
Lots of questions on top of the speculation.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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