Fully underwritten 15m, all taken but i believe a small portion is for investors, price looking like 13c.
I am speculating, but we are about to nab Bullseye and add 373moz shallow dig.
Q2 Mt Joel will add minimum 1yr LOM
Q3 Corboy to add 1 yr + LOM
Will have 6 yrs without Bullseye by Q3
If we get bullseye, would be Phase 1 8 yrs LOM + optionality on Phase 2. Phase 2 DOESN'T WORK sub 2k Gold.
They are doing it right drilling this up and cleaning the slate, M&A also on the cards.
The raising has been scaled back, obviously at 13c... They did it now, June tax selling would of been disastrous.
One thing i talked to management about is cutting G&A, 900k ! what a joke. 80k a month insurance for the mill... but they said they are seeking cuts.
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