New DealRaise should not be surprising. Reread how the funds are being used:
1. To study providing infrastructure, which has been discussed repeatedly. Sounds like there should (should) be some announcement forthcoming from Ottawa around studying how to provide infrastructue to Yukon, with Casino being specifically named as a beneficiary/justification for the build.
Check out this article. Paul says everyone's pulling in the same direction. Ken says maybe not so fast: https://www.yukon-news.com/columns/yukonomist-irresistible-force-hits-immovable-object-7113108 . A little something for everyone on Reading the Tea Leaves with this piece.
2. To (somehow) streamline regulatory process. Though not as visible, this has been part of the narrative all of '23. For instance here: https://www.theassay.com/articles/feature-story/canada-ramps-up-efforts-to-streamline-permitting-processes-for-critical-minerals/
Timeframe, upcoming dilution for MM's maintaining its stake, and the 10% for options grants range from annoying to full-on ire. Chances are high, IMO, we're going through all of permitting solo, and that Rio's involvement in the technical committee / secondees to the project include their involvement in permitting design. Clarification on that would be helpful.
And finally, Heywood was the only one with "Rio raising to 9.x%" on his bingo card. Not bad.