They were waiting for permission from Victorian gov to begin Stavely exploration/drilling, seems COVID restrictions have delayed this. But BAT doesn't seem to be pushing things.
Hopefully some news soon. BAT looks primed with $4mil cash in hand and a promising gold resource and graphite asset. In Jan 2020 (I think) BAT wrote in their investor presentation that they were anticipating graphite funding in Q2 2020. COVID obviously put a spanner in the works but we should expect some updates on this in the coming months.
BAT - The future, page-17
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