One of the more detailed quarterly activity updates I’ve had across my ugly October of Stocks.
Use of Funds seems bang on the head - of course only time will tell if there should there be any complications with the drilling etc But having the $6.5m ready on hand and spaced out realistically is a good telling sign.
Also digging the performance right motivators and escrow holds til July 2023 - this baby with such a low MC has plenty of time to rocket til then - get in quick
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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