Thanks for the response Blairman.
There was no mention of a buyout in Jim Powell's report, but there were some milestones mentioned that, well just didn't get met within that timeframe.
Top that with the volatility in the market especially with risky juniors and it would make that target within 12 months to May 2012 quite difficult to achieve.
Personally, I believe that his target is quite achievable. It's just that the timing would have to be moved forward maybe 6 to 9 months.
We have to get past the PFS, the warrants that expire this summer, which may be a non-issue as the one's which expired in February, and then any positive news regarding EMD success in the lab, BFS etc, could move us closer to his target.
Many variables, and the longer a major JV partner waits to cut a deal, the more the project gets derisked, and the more they will have to anty up for a piece of the Mn pie. JMO
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