Agree. This money should see them drill approx 150 holes x 100m deep across a chunk of the enrichment. That should be enough to lock in the obvious scale potential (Penny drops). It will also allow them to better identifiy the richer material. They will drill this for years imo. You won't even need all the assays back as the market and iron oxide content should telegraph the obvious. The infrastructure will continue in the background. I think by the last quarter, AMD would be deep in discussions with port, rail and possible off takes anyway. That meet and greet has already started.
Short term it's about chewing through some hot money and then just keep drilling. We should expect news on an ongoing basis. I am looking for the first push to 1c within about a month. That's just my own call as the market gets more comfortable with the story and they delivery more updates. Dyor
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