" ..... the placement .....". Interesting you refer to that. I've thought about this a lot and I really can't see how there could be enough results since the last Ann to justify a TH. Unless ...... the results are accompanied by some sort of company-related news such as a CR or JV or? Really I just cannot see that not being part of it - and how convenient to announce the TH on Wednesday yet be able to work on a deal until next Tuesday! Of course, the company has about $25m in funds (not all in cash) and that seemed pretty good when the big interest was Pyramid Hill only; but now there is Julimar - thousands of km apart. What if the company decides its best to go all out on Julimar but still wants to keep moving at pace on Pyramid Hill? Then I think they need about double their current reserve funding and that could deliver really significant rewards in about 3 years.
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