PMH 0.00% 26.0¢ pacmag metals limited

today's value - 36c, page-40

  1. 625 Posts.
    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.
 
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