Ann: MCB Project Mining Permit granted by Philippine Government, page-394

There are many options available for them.

MCB is phorphory deposit and they can keep growing deeper producing for 30+ years... so some royalty companies would love to get a royalty on that

I think there can be a mix of options but the ideal would be a JV with a producer that have the skills to develop it

Metal streaming and off takers may want finance that and get a stake at the lows

Adventus got financed like that even before getting main mining permits. And they got themselves into trouble because of delays in permits
The deal was something like
$235 Million
$180M Wheaton metals streaming
$55M Trafigura off take/ streaming

CLA is already going to sell 30% stake at MCB project for $43M

They need to finance the remaining part...$180M
Wheaton or similar would be happy to finance them imo

If you ask me
short term a takeover at 3c would be better for me to flip
Long term getting this into production with a JV and hold for 3 years may be better

w