Pascal is an astute businessman that runs a huge mining concern. He didn't get there by letting small potato companies like PTQ walk all over him. It would even be different if PTQ weren't so financially strapped as we all now know they are. Fifer would at least be able to hold out and bargain for a better deal. PTQ is over a barrel. IMO they're going to have to take the best deal FQ offers them and be happy with it regardless.
Yeah, Pascal will make Fifer an offer he'll accept because what else is Fifer going to do? Go bankrupt. If they can't get financing that's all that's left. IMO they are basically at the kindness of FQ. Maybe they're generous because of the goodwill it could bring, maybe they're not. I think that will be Pascal's choice, not Fifer's. How we shareholders make out in this deal is still up in the air, but I'm sure Fifer will be very happy in the end.
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