GG,
Market not wrapped ( now up 1.5%) with a commitment to give Gina 80% for funding up to building a mine. While the initial funding to drill is great, costing 30% of Titan, they are giving away another 50% for the additional funding and building the mine, which is really a soft transaction at a high fee.
In essence TTS are giving away all the cream, when you should be able to attract cheaper funds through a higher SP or even raising debt.
so is very much a two sided coin in attracting the likes of Gina and hopefully Duffy is a bit more astute.
Ann: Limon large mineralised system, multiple high-grade clusters, page-7
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