Just posted the following questions lets see how and if they are answered:
1. Given that the recent December resource update came in well under target, will the company still proceed with the Pre-Feasibility Study (PFS) based on the current numbers? Or will the PFS only commence once the JORC-compliant resource for the Storm Project meets the Taurus funding milestone of 400,000 tonnes of contained copper at 1.00% Cu? If not, are you considering proceeding with a lower resource number, and if so, how low would you deem acceptable?
2. With respect, while it’s encouraging to hear that the resource will grow over time, shareholders are currently bearing the costs while management continues to receive substantial remuneration. Why not proceed with the PFS now, apply for the mining license, and aim to get the project self-funding? This would allow further exploration and growth to be financed through operational cash flow rather than ongoing shareholder dilution.
Not saying that I expect they can mine on this resource but their answer if given will tell a lot imo.
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