BT
Good post but my only concern is that is the $10m enough without going back for more money to develop the site. I'm not sure how much a drilling campaign costs but I imagine that it would be in the order of $2m and there are more sites to drill.
From what I understand the iron ore is already stockpiled ie ready to be loaded on to trucks and trains. It would seem to me that EXM have a ready made cash resource given that their focus is AU Cu and U and not Fe. I think they just need to get on with things now.
Is that how you see it.
Cheers
BW
line of lode., page-13
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