OK newsflow has definitely run dry apart from this recent drilling which came up with disappointing results. Time to get cracking on the next targets. Time to get started... yesterday. No more waiting, ground is dry!!!
The positive is $4.5M, plenty to drill out thousands of metres on all our TC targets. Plus more money to come from TVN this year and the remaining cash payment of $4M to arrive before mid-February 2025. We also have shares with TVN, it is in our best interests if they go on a nice run to maximise our returns... thankfully it is structured in a way where we will get $10M from it regardless.
Ann: Quarterly Activities Report, page-3
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