I agree that EXM has ample funds for the time being, but does it have ample management??
That's still the weak link for me (especially with AB and all his other commitments), but over the next 6 months or so we'll find out if they have what it takes.
I'd be disappointed if they weren't actively considering a JV with other TC organizations, as discussed yesterday. Mind you, they'll need a scoping study at least before any serious talks with a JV partner.
Of course, if the POG goes skywards next year the way we all hope, we may see the SP back at fair value sooner than expected.
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