Good point, i was thinking the same. The value of the pre-work is sizable but not going to be what they can get for it because at the end of the day it's what comes out of the ground.
I had a really good read of the TTW mission. they want to be a major producer in the area so this sits in well with MEI who are really an explorer. I'd say there will be a stock swap and royalties with some cash that goes on that pays off for both down the track. Tolga owns a bit of both so he wont screw himself (he has more in MEI than TTW)
Either way . . MEI were not going to develop Midrim themselves. Flip it and sell it, take some ongoing coin and grow
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Good point, i was thinking the same. The value of the pre-work...
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