There isn’t a lot of money left but they aren’t currently doing any drilling so they could stretch it out for a couple of quarters. Personally I think we will get some news first and hopefully a corresponding increasing SP.
in this game it’s a fact of life for explorers, they have to raise money. Let’s see how it plays out. I think there is some genuine interest around this project considering the three metal concentrates that it can produce. We should also see improvement in the metallurgical recoveries and I don’t think there is any doubt that there is going to be a significant metal iendowment once they announce an MRE.
There has been steady as she goes accumulation since Singapore which has been mopping up the sellers at this SP. If you’re accumulating why pay more than you need to if there is no rush.
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