So what! Licenses come and go. Sometimes better to relinquish...

So what! Licenses come and go. Sometimes better to relinquish than beggar yourself, as MEO has found for itself in the past. Get a few mill and a Carry to Production on TS, then MEO can stop worrying about it, and get on with being a nicely cashed up junior explorer. Trim down the operation to be a lean and mean explorer. drop salaries and instead give share options. Incentivise staff and make them alert. Its a different world now to a year ago.