Daniels not to far off the mark. While the options will provide much needed cash that will be of great help, It will not cover the costs of setting up a mine if the resource is viable.
The hat will have to come out in one form or another if a mine is to be established (Borrowing, partners, share placement etcc...)
Anyway that is for management to work out. One step at a time, hopefully they can confirm the resource. Then they will be in a better position to understand the future requirements.
This will be of benefit to all holders.
PDY Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held