Essentially, the company will need plenty of money to identify and define its resource, pay bills, etc. So a capital raise will be required.
Ideally, a raise is done with a cornerstone investor [maybe Eric Sprott] and a portion with sophisticated investors that won't dump their shares or require ridiculous generosity such as bucket loads of free options, etc.
The higher the price of the raise, the less dilution to the shareholders.
After that and hopefully with great results, money is then again required for the next phase of activities such as an FS, PFS, expanded drilling, etc.
So I am assuming that due to our correct geology and large potential strike, finding money should not be an issue.
