Why the low share price? The only possible reason is that the "market" places a low probability that TDC will ever mine. What possible reasons could prevent mine maturation? Only 2:

1) PFS sucks.

I really doubt this is the reason. So does most everyone else here I'm sure. So the "winner" is:

2) Financing will not be obtained.

Whether you personally believe #2 or not, it is the reason for the 16 cent SP. So as a proactive shareholder, one should do what we can to encourage securing long term financing, whether it be via a JV, or by a Ming Fung-like arrangement. Any further dilution will be more than offset by SP appreciation.

In short, I believe our $35 Million market cap would soar if long term financing were secured. So what if it cost 49% of the company? We'd possibly shortly be 10x the market cap we are now with a resultant five bagger in the SP.

Pick your poison. I pick dilution with production assured.