I will need to do some research on this new area of exploration... Does anyone have anything they can add at this stage?
But one obvious conclusion that I can draw from it immediately is - if CXM has only S7.5m in cash and they are looking to EXPAND their exploration, that suggests they are extremely confident of the WISCO and Baosteel FIRB approvals, and hence the near-term receipt of the cash...
Y
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