Hi Nev yes this is the 1st really good news in what i hope is the start of an increasing sp. To have Cannacord underwrite the options shows there is an appreciation for the worth of this project. It also suggests to me that there is a near term catalyst to get the price up.
I dont think we are too far away from announcing a JV partner/funding and that this extra cash gives them some breathing room to get the deal done . As you suggest, it should be more on our terms now.
TAW Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held