You can’t drill holes without cash. Limited amount of holes drilled so far. No one knows what’s down there, if they did what’s the point of drilling? EM surveys seem pretty accurate to date. Let’s see what they light up and put a few more holes in to test if it’s as good as accurate as thought.
matket cap and soi are still low if you asses what is already there and the potential that could be there.
you can use ratios to benifit most situations if you use enough of them, just use the one you like best…
14 mil to continue geophysics and drill holes is sensible and prudent. Why raise more than you need now and dilute further if copper sentiment changes in 12 months and the next 12 months of exploration is fruitful?
the next 12 months will be enlightening on many fronts.
all in my very humble opinion
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