Hopefully ours is close, and we can have a closer look at the cost cutting and cash-burn rate at the moment.
These metrics, will give us a good idea how lean we have become, which will hold us in good stead when the wheel turns and we nail some funding, partnerships or offtakes.
Interesting that we have still not seen the FS. I think it would have been fairly complete by now, and under review or final drafting. My assumption is that its metrics are being used to negotiate and to present to government and possible financiers.
I mentioned previously I have seen the this messaging before, where the key metrics in the report are used to negotiate while it is still in draft, which also helps keep the details away from potential competitors.
At this stage, I would hope it is announced or presented with a potential partner or substantial funding.
I know the boys have been busy doing the rounds, and I believe Tim is back in the UK.
So lets hope the next announcement that mentions the FS, is the one that we have been waiting, wrapped up in a nice neat package...and the first of many!
Good luck everyone...
IXR Price at posting:
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