A few questions to the resident experts, any info appreciated
A company locates reserves and develops a mine with a planned life of 4 year.
The company has no plans to develop other business interests
As each year passes, are profits usually distributed to shareholders or retained as working capital?
Are there any examples of mining companies calling it a day and winding itself up?
How does affect the SP? Eventually does the SP remain constant with the expectations of a distribution of final profits? i.e do shareholders stay on board to the end?
Are there any reasons for a junior company agreeing to be taken over, especially when a Feasability study has been calculated, and showing an operation to be profitable?