I think it was very smart of management to do the capital raising now because full lockdown wouldn't be far away.
Most of Mongolia has been in lock down for the last 3 weeks or so and will open up MAY 9 2021.
some areas such as The Gobi and our tenement isn't in lockdown, hence our drilling campaign is still going.
Look at the last operating update. Our second rig cannot get out to drill until lockdown ends.
hope this helps you decide to re enter our EXR club.
EXR Trading 2021, page-3899
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