We are still so early on in the piece, still at resource stage not reserve stage (although getting to Probable is not too far around the corner), still doing scoping studies/PEA-level of work, again a PFS shouldn't really be too far off.
This is an enviable-sized deposit at this stage, plenty of juniors get a lot of cash with far less metal shown. Need some serious spin doctors to garner the interest.
For sure it is a factor of being ghetto-broke, but just saying the next planned activity will be field mapping is not so inspiring.
There will be an announcement in the next few days for sure, detailing the how and who to ask for cash.
At this level of cash the company can only keep the CEO around for another few months before his salary burns all of the funds.
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We are still so early on in the piece, still at resource stage...
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