With the recent SPP raising and the Govt Grant arriving in the new year they have got all the money that they need. To say they are broke is a way over the top.
If they uncover copper and gold it will be game on.
For the moment, the Vanadium/titanium story has been put on the back burner. If they find an interested party who wants to get involved in financing the Vanadium project that would be fantastic. But they will not be sitting on their hands waiting for this to eventuate. They will deal with that if and when it happens. The announcement on the 7th of Nov. spells out quite clearly the direction the company is going in the immediate future. For the first time in quite some time I am feeling confident that the company has some major excitement attached to it. Interesting days ahead in my opinion.
SPM Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held