The word "Disappointed" would be an understatement .... In the start JAV (formerly VIC) was having the right to decide for Coogee whether to mine or not when a 20kOz resource was discovered based on the agreement with Ramelius ... this led me to think they were actually serious about putting some cash and then moving things ahead.
I understand that now there are possibly more tenements & way better prospects ... but there is no chatter from the company on how it would put cash on the table ... even the copper mountain project is heading towards a JV based on the last report instead of fixing up their cash position and then thinking of what to do, it will seemingly be all hasty now, which I hope doesn't end up being hasty.
the tenements they have are very highly worth looking forward to so they will get the CR through surely but I'm just wondering if the possibility of having cash some other way was even considered. Nonetheless, they should use a fine comb to go through the potential investors.
All the best I suppose...my guess would be that options will be attached too.....so too late to do anything
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