Hi Ians,
I believe my solution is the best of both worlds.
1.) We essentially JV an asset we cannot develope ourselves (Ann Mason)by selling it to the other party (ETG)& taking a stake in them.
2.) We raise cash (make the sale to ETG partially cash)to further explore other tenements especially Sentinel (my favourite) & have the ability to raise further cash in the future without a CR (sell ETG shares).
And we still hold a 100% stake in the other tenements.
There's no need to give the whole company away.
- Forums
- ASX - By Stock
- PMH
- today's value - 36c
today's value - 36c, page-40
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity