Most important parts of summary:
1. $9M in cash
2. As detailed and extensive planning in advance of the Q3/Q4 2021 Paterson drill
campaign is now largely complete with the Paterson Central exploration team currently
in the pre-mobilisation phase with respect to rig booking and logistical planning in
advance of receiving final heritage clearances. Once complete, the Company will then
move to immediately commence drilling and intends to drill continuously for the
remainder of the calendar year.
3. The Company intends to provide a more detailed update on the proposed final drill
program hole locations and site mobilisation start dates in the near future.
TRANSLATON =
1. We have the money to drill
2. Done all our planning just waiting for heritage clearance. We will drill like buggery for rest of year and will throw the house at it.
3. We will announce the schedule soon ( as we expect heritage to be finished soon) - so price probably unlikely to fall back from locations and schedule announcement - unless there are delays or setbacks in schedule.
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