may be the next big deal for MRZ. Tim Heenan went thru the RUBI data and referenced the big mine across the mountains and further referenced the drilled but undisclosed details of the hot area north of Rubi.
He obviously could not and did not reveal suitor names;but said every one of them is a recognizable name.
If MRZ does get a Rubi jv, expect that partner to scoop shares on the open market. Years ago, Mary Little and the company did a brilliant job on the stockholder rights plan, the equal of which I have not seen.
MRZ has a tiny market cap relative to a Rubi jv partner. They will swallow shares up to the point of 5% disclosure. Relative to Rubi drilling costs, share purchases will be tiddly winks in size.