History tells us to take the minimal pieces of information PG discloses with an Uluru sized grain of salt but I occasionally refer to this presentation from Feb regarding certain milestones and think that maybe 2021 is a typo and should be 2022.
However, and more importantly, if the Mining Convention IS executed in Q1 2022 and assuming the Mining Permit Application happens pretty quickly thereafter, the granting of the permit would be anticipated the following Quarter at best. Surely a JV will be questionable before then and if so, from my guesstimate, cash in the bank will be running rather thin.
CAY Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
