Ann: Drilling Completed at Mt Berghaus, page-6

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13/06/24

08:02

Post #: 74289324
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Originally posted by MrQ: ↑

Its not that they have 'no money'. Started the quarter at $1.2m. Will use $200k admin this quarter. By end June they'll have $1m less Bergaus #1 AC drill costs.

Too early for a consolidation. Just no sensible reason to do it. We don't have liquidity issues.

See what assays provide in July then CR for a good reason, being RC followup drills and admin. Hopefully decent assays means we raise at a slightly higher price. If they decide to go earlier for CR (next 2 weeks) then so be it.

Meanwhile cover off the other Berghaus tenement infrastructure signoffs to the east of the current drilling we are doing. I really like the look of that one.

Expand

Maybe they will drill deeper when they do the aircore drilling. Just look at the DEGrey drilling announcements with aircore…

High chance we will find something, just wishful thinking.

I hope we find something……

Good luck all.

Go MTL

MTL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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