RE:RE:RE:Paul ventures to Crux, for some reasonI didn't think this was new re: tight / not enough available funds to make it through permitting. I thought we had this conversation before?
From memory the bulk of permitting spend was going to be this year and then just plodding along, primarily G&A spend, until we crossed the permitting line 3 years after submission (4 years incl. this year). So atleast they are looking after the cash and he did make a point of emphasizing it.
We have definitely entered a really long long long Orphan phase irrespective on top of market fundamentals which really aren't helping any juniors at this point.
Major takeaways:
1.) Speaking to other investors / comp. tension
2.) Supremely (almost arrogantly) confident on permitting
3.) Copper supply demand fundamentals (which will kick in during permitting period)
Either way, it's a long road from here with some major dependencies that are out of our control like power and to a lesser degree, per PWS, permitting.