Your comment: "Kaz, is the wild west when it comes to cowboys"
JMHO but I would not classify Stantos, Cameco, Uranium One,....and the list goes on as "Cowboy". They have done their DD and are putting their money into Kyrgyz based on their research and DD.
In November 2006, Manas entered into an agreement with Santos International Holdings Pty Ltd, a subsidiary of Australia's third largest oil and gas company, Santos Limited, to execute a phased farm-in agreement under which Manas retains 20% equity and Santos earns a 70% operating working interest in Manas' six exploration licenses in the Kyrgyz Republic. This 70% is being granted in exchange for Santos making a commercial discovery as the intended consequence of its funding and conducting a $54 Million seismic, exploration and appraisal drilling program.
Manas has subsequently increased its equity stake in the project to 25% by purchasing a 5% interest from Kyrgyzneftegas the Republic's state energy company.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held