Is a buyout more likely than a build?AEM already has first dibs on Detour East at a fixed price if they want it in pieces of up to 75%. Penny said last AGM that Detour East is difficult to explore and will take some time but is underway.
Would anyone want to partner on Fenelon? Probably but it needs more resources and/or a better mine plan. Mart is too separate to included in Fen plans so far and Rick Rule recently said WM has major hurdles to overcome. MORE exploration is required and that s what they're doing but they have no income and are burning cash. WM has to compete with other opportunities for any potential buyer/partner and so far there is no sign of any enthusiasm.
For instance AEM recently added more resources,production and mine life to Detour with a filing about a week or 2 ago at very low cost.