I can't see the SELL rationale on this one, but maybe i'm...

I can't see the SELL rationale on this one, but maybe i'm missing something.

(Why would a partner pay $80m (up to a max of $110m) to get a 32.6% stake in this property? Fantasy stuff.)

The "partner"agreed to pay US$1.5m for an option before PFS
( equal to + 3% 0f market cap)

(burn rate of $3m a quarter.)
current quarter balanced
3m going out
VAT coming in AUD 1.75 mill + USD 1.5 million for option
=no cash burn this quarter
but cash balanced
not many juniors can do that

thats a differance between HCH and
Just a long conga line of junior explorers with little regard for commerciality

and for arsnic
ill wait for PFS before commenting on mining realities
because i think thats what PFS are meant to take into account
though i believe the PFS will be positive

my opinion make your own