just pointing out that this is a super gamble for this year.the...

just pointing out that this is a super gamble for this year.

the reason they’ll raise in August imo, assuming no company making exploration success, is that they cannot leave it any later coz the $5mil oppies will be off the table… they’re not going to be in a strong position but at least they’ll still have a couple of months drilling left and that’s a little leverage.

if they leave it until September they’re in an extremely vulnerable position… if they have major company making drill success then they’re okay, without it they must raise early.

shutting down for winter is huge drawback, an almost certain sell-off which hinders the ability to raise because of the lesser market cap, and a lengthy period of inactivity doesn’t help either.

the next few months they need to hit targets!