http://www.*.co.uk/companies/news/43993/pan-asia...

http://www.proactiveinvestors.co.uk/companies/news/43993/pan-asia-corporation-on-fast-track-to-development-deal-with-ongoing-success-at-tcm--43993.html

Think Alan shares your view:

Hopkins said the next thing for Pan Asia to do is to assemble the best deal with a potential offtake or development partner to advance the project to the next level.

“When we do that, that’s when we’ll lock in the value into the project and then into the company.

“As long as we do that deal on good terms, which we think we’ll be able to do, then that’s the big re-rating event for us.”

Highlighting the strong capability the company already has on its TCM Project, Pan Asia previously secured one of the largest global groups in the coal mining sector, Kopex Group, as a partner on the project.

Late last year Kopex agreed to step up its commitment to the project with an additional US$1 million in funding to cover the costs of an expanded drilling program.

The importance of this is that the TCM Project is fully funded through to the completion of the final Feasibility Study.

Hopkins indicated there may be the potential for Kopex to get more involved in the development of the project.

“I think there’s a very good possibility that they would look to get more significantly involved in the project.

“For us it’s a matter of the commercial terms. If they get involved in the project is that going to give us the maximum value for that project, for our company.”