Very few charts look sexier than this baby, page-33

With $15M cash at bank and NO DEBT & NO BONDS NO CN owed
On current annual expenditures of $3.7Mpa, POS needs no CR for another 3 years with current drilling regime ongoing at that.

There are other options that they have done or proposed or I proposed in the past:-

1. debt facility of $50M, POS BOD discussed this many times, an AF
2. AF provides a CN at 15c-20c, I proposed this many times, so upping his stake with EGM approval
3. AF personal loan lioke in 2012, of $10M, paid out in 2014 via the CR at 18c
4. sell the gold tailings worth $400M revenue, yet they just bought the neighbouring gold tailing block so highly unlikely
5. Start production on the gold tailings & SS/GS Ni projects, instant cashflow using available cash of $15M
5. offtake partnber cash upfront deposit of $50M, maybe Tsingshan again like in 2014.

The days of regular dilution appear to be over since 2018 bid and once the large CN lapsed on 30 Sept and was paid out with $20M cash.

I think imho they will go with debt funding flexible credit line or the AF CN,
This is a favourite of AF over the years.
I think AF will, like with FMG want to get to a 33% holding level, he tried in 2018 to get a 51% level by wholy 100% underwriting the CR poison pill defence that he backed out of.

All those short sellers and short time traders are almost all long gone from here.
I warned you all, you will miss the boat

The animal spirits onthe Ark are clamouring, the monkeys are climbing, the frog is caged, the ants are nesting, the blowie is flying fast, Elvis is singing. King Kong is brooding & watching quietly, the turtle is yapping.
I said days ago, feed the beast with loads of red bull and it will run.

The Ark is setting sail soon so maybe last chance to get onboard.
Feels like GS is a massive golden block and building fast.
If its like Nova at 2.0% grade with 200kT then watch out, why not SS was 5.1% with 100kT.

With seimens counts of 58,000 & 20,000 and grades exceeding 4% right under the large mill and large open pit there is a lot to get excited about.

Climb monkeys CLIMB!