If the other mineral tenements were floated with the Silica it...

If the other mineral tenements were floated with the Silica it would be the same as when MHM was first floated,by floating this of as a separate company and not in combination with who ever builds the smelter gives us independence in what we do with the Silica,not just tired to one offtake.
I believe if we went down this path with some off take agreements on the table an IPO would be well received by the market.How much could be raised this way is anyones guess.
The value of this new company would have to be considerably higher than when MHM was first floated.Putting a value of say 40 million dollars on new company,50% to existing share holders,raising the other 20 million from the market.It would be a nice little company, debt free, off take contracts,plus one major customer being the smelter.
Just my mutterings.