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investors and brokers brief wed, page-16

  1. 4,859 Posts.
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    BT

    Cheers

    Agree that the short term funding is covered but at some stage all this drilling has to mean something other than results. At the end of the day, and I'm sure you don't need to hear this, we need to monetise the project. I'm not sure what a processing plant goes for but I don't think the change from the $10million will cover it ergo more money required.

    Now I will be happy to stand corrected if my ignorance is showing through and there is an alternative eg use an established plant in the area. Does such a plant exist??

    It may be a reality that some form of merger where we can all benefit cannot be ruled out. If there is a better case where EXM can do it all then I'm all for that as well.

    Cheers
    BW

 
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