Yes, it's an exploration company but it doesn't mean it can throw prudent risk management out the window. They won't be cashflow positive for at least another 2.5 years, maybe 3. All their current available capital will be needed for WE Phase 1 development. Unless they tap the market again, they won't have the capital to go at it alone.
I am sure if enough shareholders with a substantial collective vote who share this sentiment put their voices forward to the board, they may consider it but I doubt the board will risk a 10+mn drill on the very imprecise science of "nearology" and a promising set of 3D
All IMHO. Either way, it's a good problem to have. The alternative is that we have a bunch of crappy prospects with next to no chance of finding anything
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