cash raising coming?, page-17

I concur with your statements here. DYOR.

If they need a partner it would be madness to hand over 50%. Another short term agreement would be the way to go if they really had to, say 20% for 3 years then zip after that to get things rolling. The financier (in whatever form) makes their money at low risk, and control the disbursement of funds, GXY get their plant/equipment/personnel and everyone is happy. 40 more years of mining.