I never actually thought about a PLS all-script for some reason.
I figured they'd used their cash and script. 50/50 abouts.
An all script is really interesting... they keep the cash pile and divies growing and have unlimited exploration upside in a tier 1 area.
Something I keep forgetting that another poster said...
If PMT could sell CV5 by itself for 3B and then explore the crap out of the other 45kms and never need a CR and maybe even do a buy-back/special DIV.
That would be the ultimate for PMT holders.
You reading this Blair?!
It's really the best play...there's another 2-3 years of drilling for just 1 company.
Break it up and sell off a CV cluster and let 3-4 miners/battery makers pay 3B a piece.
Get 3 companies doing the same thing and PMT is the explorer.
GXY did that kinda with POSCO.
Just need to keep drilling and the options come to PMT in spades.
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