Share
2,539 Posts.
lightbulb Created with Sketch. 465
clock Created with Sketch. 27/05/23
12:01
Share
Originally posted by Shady Merv:
↑
A standard joint venture in the mining field is between 2 financially viable mining companies joining forces and assets for mutual financial benefit. SPQ is not in position at present in which to 'joint venture'. It is still an explorer.need to JV with a bigger company to pay for all the drilling or assist with cash' does not make commercial or legal sense. I believe that you mean well though, noting too that you do not hold.
Expand
Nice post SM - the obvious issue here is a cornerstone investor getting say 20% as you suggest only has to tump up $10.5M as opposed to $24M in January. Yet again delay in the ANN of results has cost the company and investors millions
(20min delay)