RE:RE:RE:Any body home? I've been through 2 of these PP cycles before with MMV and every time the PP was announced the MMV stock came alive and up – the bigger the PP the better. Investors realize the potential of the play and how expensive it is to drill this type of rock/geology.
I believe the company is negotiating a very large and well-structured PP to avoid the periodic downturns plaguing the stock in search of new funding to drill the next set of holes. Once completed, they will be able to finally and aggressively deploy multiple drill rigs to make a discovery in the deeper end and prove a resource in the upper end.
My understanding is that Terry Lyons is greatly helping the team navigate through this PP process.
We should see a news release about the PP in the next couple of weeks. Hang in there folks.