I think the main point is they will get ongoing cash flow which can be used to explore and prove up their other tenements. This may avoid future capital raisings for exploration. This is a key to avoid future capital raisings in the short term while they prove up resources.
I never really like to see director related party companies involved (the operator of the mine is one). I have been burnt by such companies before (ie, MPJ). As said in a previous post of mine, the management has an opportunity in the next 6 months to either make something of this company or let it float around like it has for the past 10 years.
All the Boodroom radio stuff is a bit fluffy IMO. Results not marketing will be the only way to get this share moving.
I think the main point is they will get ongoing cash flow which...
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