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Re: es1 post# 142367

Thursday, 09/11/2014 1:17:42 PM

Thursday, September 11, 2014 1:17:42 PM

Post# of 165854
I agree. Dan is on the hook to build value into this thing when he spins it and it must be beyond the value of the underlying asset. He mentioned the goal of the uplisting and new structure is to "attract capital and partners for the long term development of the project." He's added a dimension to the old 'financing is everything' mantra. To unlock the big money in the underlying asset he needs agreements with partners who will help develop the processing and build the infrastructure in return for an interest in the project and also some kind of an agreement or hint of a deal with a customer for the end product. There have been suggestions in the past that these deals were in the works. Maybe Dan can bring them to shore.