the road to production..., page-5

hopefully there still going ahead with the toll treatment/JV'ing of JUNO

I know many on here are all for 100% ownership but that will come at a price which at EXM's current small mkt cap and fractional share price will be heavy dilution

However if they are able to get some cash flow and production going via a JV/toll treatment operation then the share price will rise accordingly as the project and its operational aspects are de-risked

This would then allow the company to raise capital at a higher share price which = less dilution

Of course this is what I perceive to be the ideal way forward any steps the company takes are positive as now they are steps forward