Just chiming in with my thoughts..
From my research the role of an experienced board in the project development stage is pivotal in the success. Reed's interviews always have him commenting on the confidence in the board, and the cash in the bank. A healthy, sound business position but the SP path seems like it's going to be dependent on each project's milestones..
I don't see why we wouldn't retain some equity in projects to provide additional cash flow when/if the project pipeline should dry up.. It seems we would have all the key information to make a well informed investment decision...
Ann: Mt Edwards Nickel - Gillett Resource increases 30%, page-10
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