Lets assumeThat Tom has given a clear indication that something is afoot by stating things, or matters, are happening and will be in the public domain when finalized.
Assumption Partner:
Taken from the conference call last year, in talks but shelved because of a HO decision. So this would be easy to assume that he means he expects an announcement.
Question - timing. Last summers program has added significantly to the potential, would they do a PEA first, then partner? Or partner, PEA and then announce the ground work for a FS.
Question - Who, For me, as a tired long, who really gives a flying f, as long as it is a partner.
Robert being heavily involved makes sense, he has stated this project is insanely profitable, why would a billionare give it away, JK stated they need 50 million to do a FS.
Upside - finally, IMO a partner announcement would move us north of 50 cents.
Potential pie in the sky - someone else is watching and gets greedy.
Assumption More Work:
Tom is excited at the prospect of more work in 2018, working on a DMS plant to arrive speeding up the FS, ducks are all lining up.
Working on things mean they have a "Rick" to back up a major rights offering and they go for gold and try to raise 50 million to get to work on a FS in 2018 via a rights.
Question - Anyone seen a rights for 50 million at a dime or less before? Roughly half would come from the brothers, with a back stop. At a dime, would put our float close to a billion shares.
Upside, as a retail long, finally a reason to throw in the towel and never look back, good for the back stopper, and probably good for my life span.
Company continues to move forward
Downside, without a large share roll back, the stock would never see 50 cents.
As a retail long, the hope is there will be a partner announcement, for the large shareholders with the deep pockets and cash on hand, another rights doesn't matter.