surprise surprise surprise, page-7

I'm out.

i remain same on my last post, optimistic that the jv can unlock the resource,

but did they really need to extend the SPP??

just a little fishy. How many more extensions to the SPP??

I know they spoke to me about a placement,,,,but why extend??

Says to me, that the placemetn might only go so far, and any further cash they can get from the SPP is much needed.

that will be trying times, if cash shy, and they would need to expedite terms on the JV for some monetary compensation..

But when? and what dillution in between...

I still think they are doing right to turn it around, but i need to look elsewhere if this CITI developement is going to take another 2 years etc.

Lets see what warrior delivers in production in the next quater.

If they show cash flow +ve then, with that certainty, i will look at re-entry.

cheers all, and best of luck.