Ann: Down Dip Continuity of Very High Grade Zinc-Lead-Silver, page-79

if management were doing their job properly they would have orchestrated an auction of assets across their 3 "partners" - SBM, JOGMEC and CBH - by putting PEX into play. A takeover off for PEX would force CBH to stop dragging the chain and pay fair value for MB or lose it to someone else who will monetise it more quickly and see the company achieve a fairer value for other key assets. There are plenty of junior miners looking for the ore PEX holds... SBM is just one of them. IGO springs to mind readily and SFR are already exploring nearby. I still hold firm that PEX won't transition from explorer to miner.