There are two assets I would consider (IMO) for-sale.
The first one is the Copernicus nickel resource which THX have now only hold 29% of, which PAN (currently 80%) would most probably like to own 100% ......Would that be worth $1m or $2m.
It would be good to get rid of it as PAN have had chances before when the nickel price was a lot higher...around $20,000t, but seem to have had better prospects to mine(IMO).
I think they have us by the short and curlies.
The second one is Ngalia Basin.....(paleo-channel uranium)a great prospect but to do it justice needs VERY BIG POCKETS of cash. This is over 100kms of channels to explore.
If they could find one of those uranium prospectors looking around at the present, (since the tide appears to be possibly turning for uranium) may be they can do a decent cash deal to move it on possibly with a few million shares thrown in, so we still have a smaller interest.
Any other thoughts?
Regards
Dabru
DYOR/IMO
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