Yes - perhaps wishful thinking PussnBoots and yes it has been boring over the last year Lotz with very little new investor support. Have to wait for the Scoping Study (soon) and Bankable Feasibility Study (end of year). By then if gold and silver are still doing well and Copper, Zinc and Lead prices improve just a bit more then TTR will have a very good chance to fund the go ahead.
Good to see cornerstone investors Jabiru strengthening their Balance sheet. Remember they have stated they will Underwrite the major fund raising for Philips River. Other key investor Lion Selection are currently putting cash into some WA Junior Mining projects.
ATW shares are now 84 cents Canadian and they have had their first gold pour at Burnakura. I believe TTR may have sold part of their holding last month when ATW initially went over 80cents. Very useful working capital for TTR. At the current share price TTRs holdings in ATV (shares and Warrants)would be worth about A$3million
Back to my original thought regarding Ravensthorpe's dilema - I believe the WA Government will be very considerate of any proposals to help get Phillips River underway.......including assisting the funding process.
Yes - perhaps wishful thinking PussnBoots and yes it has been...
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