I doubt we will be buying anymore assets, unless an absolute peach opportunity presents itself… I suspect the focus will be on developing out assets and taking the next steps once known. Taking the 20% of Shaw sounds to me like they are just lining up their ducks. A snip price and minimal dilution. We have cash in the bank. If we can get some good results in for the assets we have, and the SP appreciates, we may be able to do a decent cap raise or utilise the facilities we have in place to take those next steps. That said, if you look at the agreements we have for the tin, working with partners to fund it appears to be a favoured approach, and is good for us. The cogs seem to be turning and they are definitely upping their marketing at this time too.
EVR Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
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