RE: RE: New HighMAR have a seasoned management team who know how to develop a project and sell it to a major.
They are also listed on the TSE which opens up a lot of financing options that are constrained on the Venture.
MOZ will bulk up to $4 and offer us 0.5 share.. worth $2... for our VL assets while transferring their NL assets to MOA.
This values VL, post the new 43-101, at about $170 million which seems reasonable at this early stage.
We can still participate fully in the future development of VL while accelerating the exploration and development of our 3-4 other projects here in Danny Land........having your cake and eating it too.
This is my call as no other option seems as realistic......or beneficent.