annual general meeting, page-13

Hi Acorn, I agree with those sentiments. In fact it fits with the way capital intensive industries work best - explorers like MPO taking the initial exploration risk and when resource verified passing asset on for developement to a producer.
In the fullness of time I would guess at around half a dozen csm producers but with the industry consolidation process producing good returns for explorers who sell into it.
I've been a long time holder of MPO but have been nibbling in the 40's. No intention of selling under $5.

I am not an analyst - dyor