Possible merger of Callisto and MTJV tenements/assets into a new company, page-2

IMO a merge should only play out once the true value of Mt Thirsty potential is fully evaluated, when all the drilling is completed and a resource estimate has been worked out, otherwise CNJ could be taken advantage by the bigger players of (GAL & GIO) and its true value never realised for shareholders.
Also the potential of its high grade Nickel Sulphide discovery to the west should also be assessed and drilled before any merger.
The Mt Thirsty tenements is looking like to be a very rich multi billion dollar resource and any merger at these prices would be non-beneficial to CNJ shareholders.
IMO any merger would need to be pitched at a price of 30c plus, if the Mt thirsty plays out as being a world class discovery.