Ann: Quarterly Cashflow Report - September 2021, page-3

A few thoughts...

Cash burn will be very low Jan-Mar 1/4 with no field activity, they should be able to go into next year's field season with ~2.5 mill, so probably only a modest raise is needed as all the geophysics/chem has been done.

A lot of news coming between now and xmas with assays from the RC east of bluff and the drilling for the "mother lode" on the VTEM target. Any hint they are onto something and this will triple overnight.

We can also infer from the 1/4 and ann earlier in the week, that they are onto something east of bluff, hence the diamond tails drilling plus some of the holes went to ~200m vs ~100m also inferred they liked the rock chips. If they have found 1 or 2 new breccia pipes under cover east of bluff which looks likely then its also a catalyst for price movement.