You are making broad statements based off nothing but your opinion.
From a month ago, this was their release about HCF
- HCF agreed to receive part of its fees in shares at VR8’s election
- DFS nears completion, remaining on time and within budget for September 2022 release
You don't know what (if any) fees are being paid and how much of the DFS cost is still current (could already be paid)
and the Salt Roast Facilty Land
- VanRes enters into an Option Agreement to Acquire 135 hectares of Property to locate planned Salt
Roast Plant
- Option open for exercise up to 30 September 2023
You don't know what the option agreement entails and what (if any) deposit was required
I fail to agree with your assertion that they need cash right now, particularly that they might have less than 1 quarter of cash left. It simply isn't true and based off nothing but pure as nonsense speculation.
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