Cap raise incoming based on recent announcements and limited cash reserves.
I do believe GMN does have good holidngs and will hit spod. Timing is a big issue- although lithium macro is down now- those that make it need to have product available before 2030 and off-takes locked in. They really need to get to drilling rather than wasting time on systematic evaluation of all holdings with stream then soil mapping and then making a decision.
Heard that some top 20s were going to put some pressure on evans and the board regarding this.
Ann: Exploration Update and Exciting New Exploration Results, page-16
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