…Andina Minerals (ADM.v), bought in a friendly deal today for 80c by Peru’s bigboy Hochschild (HOC.L):
Y’see, it isn’t just gringos who’ll buy anything. HOC will tell us of the bargain it’s nailed down. ADM will tell us of the big win over recent prices. Nobody will talk about the real capex that’ll be needed (as opposed to the figure quoted in the pfs).
PS: Oh yeah, the NR is here