They mentioned in previous announcements they are in discussions with local equity partners to "share funding and project costs." That could involve a number of things but the main scenario would be a potential part sale of our interest in the project. That would if successful reduce the reliance on a significant capital raising in the next couple of months. I would expect a major re-rating soon with argonaut supporting us now and news on drilling ,equity partners and govt permits imminent.
MYL Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held