Given they have likely spent less than $750k on exploration and evaluation they are good for another quarter or two.
It is not a bad strategy to wait for the market to rise. “A rising market lifts all boats” etc
A confirmed drill pad location and plan for Tot and Gullwing can’t be far away.
A couple of decent drills could afford the SP a few favours.
I agree with Steven that they are not pressured to release the MRE.
General discussion, page-909
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