Ann: Segue and MMG Limited Enter Into Plumridge Nickel JV, page-67

I am certainly not waving the pom poms......yet the post has the salient point that as a shareholder, had SEG not been proactive -joint venture in this case - you, I and all others would indeed had nothing ...as the cash ran out....at least under the new "farm in" arrangement there is a greater opportunity to not burn the cash and keep drilling be it with others gear, money and be it with a smaller percentage of any possible return....again zip can be turned into something..If you hold shares you are indeed of the faith that this speculative stock may have a future return......if not ...fold them ..I continue to hold them.
Cheers