Yes, I agree. Keith won't let someone step in and attempt to take the Company on the cheap. I just don't see that happening with what I know about Keith and frankly IMO that's a big deterrent that it doesn't happen anyway. Any potential Buyers know FM is backstopping FMG and that should keep them honest to some degree and keep low-ball offers in check.
Dan indicated in the latest interview they have to begin some drilling on some of the Springpole satellite properties mainly to prove up district viability to potential partners, so some money has to go there. I believe he said between $5 and $10 million had to go for the PFS, so we're burning through some cash. What that leaves for Cameron is uncertain, it may be put on the back burner for now?
I personally would like to see them raise at least $10M more to fund additional drilling, but I don't want to see any more dilution, so how that would come about is anyone's guess. Maybe that's something they're working behind the scenes.
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