WGX Merger, page-39

According to last annual report, we are looking at a max 6mil in contract cancellation and another max 3mil in demobilised of equipment. I think getting out of the mining contract will cost about 7- 8mil in total base on pro rata time slippage of contract. NRW (mining contractor) is one of our biggest shareholders so it’s in their best interest to forge a path forward.
The contract may not be cancelled but rather paused which might save us $$$ could be just up for demobilisation… hopefully all those employees will land within other NRW contracts, finding personal has been a major problem recently… hopefully not to many redundancies

CR will be needed to define never never, strip and restart exploration.

I’m pretty confident that we will be much healthier company as a result of a consolidation period… IMO it was likely NRW that made the decision to stop mining and define our new exploration and mining plan…