Who is going to get a bargain!, page-47

After financing of Hillside in the build phase and it it's reached critical mass i.e. at least start of PFS, the Hog is likely to prove a distraction.

At that point it's likely to be floated off (in whole or part) to raise it's own exploration capital with a preferred buy in allocation to current holders who would have a good knowledge of the project and it's potential. That's the usual route.

I might be being a little premature regarding the start of the PFS idea, because that would be dependent on whether there is further (huge) exploration success.

It would be a good alternative and complimentary bet to e.g. gold explorers in West Africa due it the sovereign risk aspect.

Capital formation for good but risky ideas is precisely what the markets "raison d'être" is and is relatively good at.

All IMVHO.

PS: Listing/selling Hog Ranch during Hillside build will provide a SP prop against any interim weakness.