pays to listen sometimes, page-8

If Sprott were to completely sell out, there's no way they can do it on market, 214m shares left and for them to chuck that all onto market, no chance. They might have just lighten the load slightly, for whatever reasons.

As for another CR, why? When Sprott & co has millions of options at 2.5c.

All KJ has to do is to seal up a JV or announce a resource and the SP should be north of that. And if SP does hit 4c and stays, then Sprott's acceleration trigger gets hit and has 20 days to take the options, and why wouldn't they if SP is 4c, options at 2.5c.

Maybe our current cash level will be a good way to monitor how close a JV could be?