As far as I know, Coda is the priority. Once results start trickling in, they will look to begin roadshows and presentations. Although they are bullish, they understand the current market conditions and want to secure firm results first. This will then lead to attracting a cornerstone or substantial investor.
Another positive is that once the results are in and the company becomes more attractive, they will have more options for raising funds. It’s no secret that previous capital raisings have led to quick flips, so the goal is to find longer-term investors.
I've been told they have a plan to expedite results and met testing will be part of the sampling programme. I do sense urgency so I'm bullish that we'll see the upside we've been looking for by the end of this month.
It’s obvious at this point that prices won’t stay at 1 cent. It will take just one positive announcement to push this back up to over 2-3 cents. I understand the frustration, but now is not the time t o sell. At $10 million MC, the risk vs. reward proposition is very attractive.
Charley Creek is still ticking along in the background too.
(20min delay)