TMZ 0.00% 0.5¢ thomson resources limited

Ann: Texas Project Sale Effective Completion, page-5

  1. 480 Posts.
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    My biggest concern at the moment is attracting a new director. It's quite a bad look for the company to hire a new director and have them leave within a few weeks of starting. Attracting a decent quality director that doesn't also demand exorbitant remuneration could be tricky.
    Following that concern, there's still the matter of actually raising enough capital to get them through the feasibility studies (still talking anywhere up to 2 years for all of that) and then hope that the silver price is still high enough and the outcomes of the study are attractive enough for institutions to be willing to invest and fund the processing infrastructure.
    For a company that has basically been living "pay-cheque to pay-cheque" for 18 months now there's a huge number of hurdles to overcome, even if the silver price is attractive.
 
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