Researching and trying to understand this company...
1). The web site makes it looks as though the company is a contract driller with extensive experience, yet the prospectus and activities report read different - that the company was incorporated on 2 March 2021 for the purpose of identifying, acquiring and developing prospective nickel, copper, gold and other base metal assets — leaving me confused to how the web site relates to the recent incorporation?
2). Secondly, with $3.4 mil cash — surely a placing is coming to fund any mining activities and commercialisation of assets following the return of tenable results for each project/activity. Does the company intend to sell the licenses should favorable results be returned, or mine the assets themselves?
Pointers to the above greatly appreciate - I may have made a number of conclusions that are completely wrong, hence asking for information from those which much more knowledge and history than I to put me straight.
Thanks in advance
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