Honestly mate I think the two options you speak of hold the greatest chance of seeing the TC into and through production.
A J.V would be best for holders on the face of it, BUT, it would have to be on terms that made holding for all this time (for most) worthwhile.
Similarly, and I think this scenario is most likely, I think a T/O (or merger) of some type may emerge in the latter half of this year.
In either scenario, the truth is that the EXM board will ensure that they are well looked after and maybe again forget about the masses??
I realise that because TL said that EXM are hoping to become a producer themselves that many will call talk of T/O, mergers and J.V's nonsense, but at the end of the day even basic Economics 101 should tell holders that ALOT more money is required to get TC operational and producing.
Good luck all.
K
DSE Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
