This seems to be the case. Just thinking out loud and seeking advice. I’m very confident they will fund their share of the option exercise price. Once they exercise the option they will own 51% of the project. Say there is a couple of billion $ worth of in situ resources at Bawdwin. What does the potential rerate price of MYL become once the option is exercised? If I’m talking out of my hat let me know but seems to me at 5c this is an outstanding buy if you believe the JORC will be good and option is exercised.
MYL Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held