Its not that they have 'no money'. Started the quarter at $1.2m. Will use $200k admin this quarter. By end June they'll have $1m less Bergaus #1 AC drill costs.
Too early for a consolidation. Just no sensible reason to do it. We don't have liquidity issues.
See what assays provide in July then CR for a good reason, being RC followup drills and admin. Hopefully decent assays means we raise at a slightly higher price. If they decide to go earlier for CR (next 2 weeks) then so be it.
Meanwhile cover off the other Berghaus tenement infrastructure signoffs to the east of the current drilling we are doing. I really like the look of that one.
MTL Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
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