re: Ann: Agreement on Strategic Placement to ... Well we now...

re: Ann: Agreement on Strategic Placement to ... Well we now have the backing of a copper producer with over $100M in cash who will have a 20% stake.
We aren't going to run out of cash or close up shop and we can now resume operations.
Mawson have obligations to their shareholders to not let this investment falter. What's done is done, is in the past and cant be changed, we now have two large shareholders with a lot of cash, this is much better then one arguably monopoly controller of the outcome of the company, if drilling/progress is good then neither will want to dilute their interests (Mawson will also be liable to their own shareholders), this should be healthy for the AV SP.
When the DFS is completed is it likely they may try and takeover the rest of the company? A 3mt/pa producing viscaria would be an enormous boost to their own revenue.

The 6.5c is a lot better then the 4.7c/5.6 bid/ask we saw a week ago.
This is a much better outcome then another million or two by a private investor even at 9c or whatever, we needed certainty about the future of the company, and this gives us that.