Decent cash position- $17M in the bank, spending just over $2M for the quarter. The first divided by the second gives us a decent runway.
Others will surely find different points of interest but here are some that caught my eye, even if only as being useful to help newer readers to get an idea of some of the basics.
Page 4 reminds us that the company is actively working to increase the potential resource.
Page 6 reminds us that we have rail etc running through our land.
Page 16 reminds us that we can offer more partnerships with other tenements.
For our friend that sees our partners having concluded their technical etc due diligence as adding risk?
I’m not saying this is a done deal but why move to conclude an agreement if not pleased with what was found during that assessment process? To continue spending time and money if unhappy is for me illogical.
Overall it’s very positive but still won’t jinx it.
Good work to all involved, looking forward to the upcoming update on the partnership very much.
Decent cash position- $17M in the bank, spending just over $2M...
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