wow with those timelines, it is very obvious they are stuck and are unable to move forward.
why spend more money drilling a resource to get a larger resource just for the sake of expanding it?
we already have a large enough resource, why not get moving to the PFS or straight to DFS and get the plant up.
start looking for funding, debt of course as they will not be able to raise at these levels anything decent at all. With a PFS, we should at least have a way higher share price and can do a raise, we still have some cash now so rather than waste on more drilling, get some debt with current cash in bank and complete the PFS!
also that new director seems to have many other things going on, it seems like they just tried to find someone and put them on the board.
We don't seem to have any finance guys either, usually a board should consist of mining and finance guys, now its all mining background. Nothing wrong but lets see how financing goes, so far from this announcement, they kind of told us straight they are unable to source any capital at all to move forward.
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