Do you think the MEP board could be convinced to spin out the 25% of the GWJV & the 50% of NNPL into a new listing, say 100m free shares to shareholders followed by a 1:2 at 50c to raise $25m ?
We would take our entitlement and apply for more! Wouldn't we? I'd sell "Old" MEP for whatever I could get.
Random note: The silcrete contains the "waste" by-product ADN is developing as the additive to concrete. How much impact will it make on the DFS OPEX numbers? OTOH we know CAPEX is much higher.