RE:RE:Comments on this, pleaseHi Kenya,
Been thinking about your forward projections re Taipan farming out further on Blocks 1 and 2B. Personally I don't think that's the way Max is thinking and that he will be looking for alternative ways to fund the drill on Block 1. Maybe a convertible loan note etc.
My reasoning behind this, is that if you watch the November interview with Max (on You Tube); he states that the unrisked NPV of Taipan's share of resources split between blocks 1 and 2B is circa $1.2B.
Towards the end of the interview where he is asked where he expects Taipan to be in 12 months time he says he would like Taipan to have a valuation of $1.2B dollars. To me,, this would suggest that he has no intention of farming out further as such a valuation would not be acheivable anymore.on the reduced percentage of resources.
AIMHO of course
C