Ann: Royalty Funding Completed, page-48

Good considerations, you've just convinced me to sell. Long-term is still a potential buy but after looking into it, there's lots of unknowns with garnet so I will derisk. I also feel like we'll be treading water for about 9 months until the PFS is completed, then the 6-12 months for the BFS. Price will probably skyrocket now that I've taken some profits lol.

We're only getting 500k to last us until next calendar year, not sure how much of the PFS we'll complete by then.

Also interesting terms from the royalty funding - it's basically a loan and it'll come onto current liabilities september 2025

In 24 months from receipt of funds, the Company has the right to initiate a partial buyback of the royalties at a 125% return to the Royalty holder on the initial funds committed. If the Company elects to not initiate the buyback the Royalty Holder may enforce this buyback.""