I was interested in the highlighted section below.
I believe WAK has raised $40 million+ to get to this stage.
Add the $3 million for research, mine setup costs etc.
It would be nice to know how this will be funded short, medium and long term.
Also the maiden JORC was announced in May 2021.
IMO it would have been advisable to prove this up before now and before looking for more product that everyone knows is there!
The Company has provided multiple small scale samples from Cloud Nine to the two parties.
Preliminary discussions with both groups have included options to supply short term Direct Shipping
Ore (“DSO”) products, as well as supplying value-added processed kaolinite and halloysite products in
the longer term.
Ann: Drilling commences at Cloud Nine Project, page-62
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