re: Ann: Update on Progress EMG and CMIC Beyo... I think it is very cheap based on:
- the size of the resource (known and unknown)
- it has the commercial backing of a very large Chinese organisation
- it has a range of other prjects to pursue other than just Beyondie
- the directors do what they say they are going to do. I certainly trust them.
Don't underestimate how hard it is to get financing. AXO are still going round in circles (and have been for years) trying to get a deal sorted.
Risks are the JV documentation not completing, and I would say FIRB approval is the major hurdle to this happening.
Go EMG!
JT
Ann: Update on Progress EMG and CMIC Beyondie Joi, page-7
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