Need some good drill results to spur upside and underpin thesis.
Currently a long way from positive recurring cash flow as a business.
Current global financial conditions don’t support hype or opportunity or blue sky exploration companies, in the absence of results they rely on exuberance and that is in short supply with rampant inflation and high interest rates
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- Ann: Ministry of Environment Permit for Drilling Penikat Project
Ann: Ministry of Environment Permit for Drilling Penikat Project, page-34
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