Interesting arragnement - Wildcat gets cash and a chance at a good equity position in MMU. MMU has to spend a pile of money on exploration on the property over the next five years. I wonder where they will get the money from? I think we can be expecting a bunch more share dilution in MMU (nothing unusual - this has been the pattern till now) in order to finance the exploration. This is what concerns me some about MMU - as the years tick by, the company does not seem to progress much in its findings, but we certainly have a lot more dilution. How does the share price/value grow under these circumstances?

NorthLion