think the CR is inline with another holding i have. to get to...

think the CR is inline with another holding i have.
to get to production will cost lots of $, far in excess of what we have, think this another CR is sort of not well timed, maybe with this and the last it what they thought the market could handle, if 50 or 60 mill was tried in one hit would it have been fully supported, with unlikely to be underwritten, i also pose the query if this is directed at shareholder directly, intso of both as no indication in announcement.
The cash reserve will get toward the FID timing, after mining approval....and along the way, offtake, Finance and/ or major quity raise with partner, more dilution. In the mix is loans, cheap, via US Gov.
haven't been here long so don''t know much of the management and /or if they are lifestyle more that shareholder side of the equation, are they over paid for being absent at other directorships at other companies???
with only a smalll factor of the holding drilled it seem the overall resource will be huge.