- Looking so start production first half next year - mainly from Cannon at approximately 25-30K ounces per annum. targeting higher grade dirt. going through all the numbers and permits now. secured toll mill agreements from 2 local mills
- new vanadium company is going to be 100m worth approximately preraise so horizon share is 25m. current market cap is 40m so numbers are silly.
- options to be worth around 2.5-4c each.
- drilling update coming but going to be timed after SPP close most likely.
- current capital raise is with current larger institutions who are happy to hold long term
- unfortunately directors aren't allowed to participate in raise but are going to buy on market once they get the green light - following quarterly.
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