MCO
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0.00% 11.0¢ morning star gold n.l.

re: golden handshake How about another JV + cash? He's done it...

  1. gonnfishing
    4,542 Posts.
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    02/08/12
    18:05
    Post #: 10520147
    re: golden handshake How about another JV + cash? He's done it before, derisks the projects without too much dilution.

    JV MSM plus a few of the other EL's Mins, keep a couple of the plum EL's eg Wallaby.

    That allows continued mining of MSM with less risk. it gives the partner an in on an operational mine, plant etc... cheap

    Just some lateral thinking based on NG's past actions. Straight equity, don't know if that would be Nicks deal, unless desperate. We'll see I suppose.
    MCO Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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