Industry news, page-1297

Might look unfair and not reflective of the work that’s gone in over the last 6 years but just for fun.

2017 - Gained some new approvals/licenses & started promoting the potential of historic drill holes (40+ studies)
2018 - GEO survey’s (partnerships on formula development & Pre-IND talks with the FDA) granted PDR but the FDA
2019 - Brought on experienced Geo’s, 3rd party (Sheba) starting drilling
2020 - 3rd party reconfirmed historic drill holes as a viable target (Sheba 2)
2022 - RAC have spent years collecting rock chips & putting licenses in place, RAC deploy its own drill rig (EMD)
2023 - RAC are still yet to drill a single hole themselves.


6-7 years gone since RAC has been talking partnerships, fast track approvals, PRVs worth $100m +, countless collaborations with MD Anderson, COH, Astex, other world leaders in their respective field.

Looks like we have a warehouse full of rock chips, samples, and licenses. And are now trying to get newmont, barrick, or Newcrest to either fund us or buy us. Are we the NVA of the biotech world? LOL