I’d hope not, we don’t really need the funds. Although I wouldn’t rule it out. Allows MinRes to creep and they’d be the major beneficiary.
The lack of timeframes is a good point. Releasing on a Friday as well…
But they wouldn’t be able to sit on the upgrade due to continuous disclosure requirements. There’s more to come. The next 2 quarters should see plenty of updates and more clarity around the gold strategy.
Could it be spun off with a back to back agreement for the Li? I for one like the hedge the gold gives DLI.
Ann: Mt Ida Gold MRE Update, page-20
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