It could be a number of factors; the best person to answer your question is the Executive Chairman Mr. Patrick Burke.
I’ve stated in my previous posts that the wheels are in motion and without any hiccups Meteoric Resources will have in its coffers AUD$ 3.600.000 on or before the end of August. Early in 2023 another injection of roughly AUD$ 11.000.000 and in early 2024 another AUD 14.5 to 15.000.000, at the current exchange.
I’ve got a feeling that Dr. Tunks is engaged in negotiations about new projects or the sale of the Cobalt projects in Canada and other bit and pieces that don’t fit with the future strategy.
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