The other concerning thing is that they are only now talking about a concerted effort on project generation. This is as SM's tenure comes to a close - not a good look imho. I assume this change has come about via Doug Kirwin's influence, which can only be a good thing.
You are right about the level of funding, it's nowhere near enough to generate a decent project, get on the ground, drill something out and delineate a resource.
Ann: Quarterly Activities Report and Appendix 5B, page-4
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