Probably because they were advised that we have a better option going for the early mining initiative route into development of the main ore projects.
less dilutions and better debt facility deal later.
Jac gave a hint when he mentioned yesterday, we are not gonna be pressure into getting into a deal right now as we have this Early mining initiative that would support development using our current cash kitty to jump start it.
we need to go through those sort of free ore anyway regardless of which route and. 10-20k/month to start with Would give us cash flow to support development till we need to cross the line to draw from debt financing and some equity. Next quarterly report would show what we have been spending on.
WWI: on track to a billion dollar valuation, page-26
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