I'm intrigued by all this talk about a CR. Right now it must be all hands-on-deck to progress the HMS JV. They are free-carried to production. Corporate costs are covered. Why in the world would they want to raise Cash now to progress Shawa...they just dont have the mgt band-width to do that? They've plenty of time to do that once the dust settles on the HMS JV...focus on the most important/highest priority items. I believe Sinowin would like to see that focus to solidify the partnership and demonstrate an urgency to get to production. All energy should be targeted towards the HMS project...that would be an expectation from Sinowin.
It would be egregious of MRQ to now raise cash and start progressing Shawa....that doesn't demonstrate good decision making and focus. Shareholder value and a commitment to the Sinowin JV would be a 100% focus on getting the HMS project to production. Just MHO. If I was Andrew...this would be the short-term action plan (6 months) for the company.
CR....IMHO....is 6-9 mths away at a minimum
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I'm intrigued by all this talk about a CR. Right now it must be...
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