The Golden Runway, page-26

We should start to hear some progress over the next few weeks.

I think the deal with Sprott was $5 million on signing, so presumably contractors are being signed up and work starting on the plant. $5 million should get us some construction pics.

The placement with sophisticated investors put around $7 million in the bank, which pays for a lot of drilling. I would expect (hope) they will be drilling as fast as they can identify targets. Presumably Orbit have plenty of capacity. Kin had only 3 geologists I think, one of whom was deployed on tenement management. I wonder if Kin will add to their exploration personnel.

One apparent upside to the Petra deal is we haven't seen any announcements of new substantial holders - I am presuming we would have heard by now. The risk would have been that large holders might prefer to sell the company at some stage rather than see it all the way through to medium producer. Personally I am glad to see control of the company relatively unchanged by the placement, if that is in fact the case.