Rather simplistic look at the companies finances.Reading that...

Rather simplistic look at the companies finances.
Reading that coming from you was very rich. I'll explain why

Total relevant outgoings (8.3) was $1.079m for the quarter. If you deduct the circa $5m the company needs to set aside for arbitration, funds remaining will be circa $10m.
If...

If the status quo remains the company will be able to hold off raising funds for another 8 quarters (24months)
Last u said it was 8

or until the company is no longer considered to be a going concern. But that doesn’t add any value to shareholders. The company will need to progress their lithium assets
Or not

and potentially purchase more assets to add value,
Or not

which costs more money.
Firstly this must be the most obvious and simplest evaluation of a exploratory mining company I have ever heard. Its like Magoo typing lol
Of course exploring requires funds.
Secondly ETM may not explore further if they win their case

Arbitration could easily take another 24months to play out, and that’s if the arbitrators rule in the companies favour regarding bifurcation. If it goes the the Greenland courts, could potentially drag on for many more years.
Or a few months
Or by the next election
Or any day

Reality is the company is in an extremely precarious financial position over the short term.
Haha
Poorest downramp post attempt yet
Posters are too smart for this lol