WILL THEY ? WON'T THEY ? IMO they should. Y? Well our projects...

WILL THEY ? WON'T THEY ?

IMO they should. Y?

Well our projects seem to need a stable $A1500 price and I feel developing the gold assets on PAN'S clean debt free books is a risk they can do without.

There's no value to these projects because of thier uncertainty, so spin em out and get em going.

I'm guessing what an IPO would look like below.
50 million shares @ .20 to raise $10m
20/1 in specie to add another 16 million shares.
Panoramic Gold could have a Market Cap being $13m consisting of $10m cash plus 2 gold plants and camps, completed FS

I'm big on long dated options so I would like to see options given away with an achievable strike. Say .30 ex2017

Now that would be a nice share holders return

I know my in specie only puts the shareholder return for the gold assets at $3m but things ARE cheap out there in the commodity crunched economy.