RE:looking for your inputWhat junior does not need more cash.. But for right now I think there cash situation is quite strong (over 6 million) and it bodes well that they were able to raise it in markets such as these. Also if Stornoway jumps in that will move the war chest to 10 million...
As far as Lucara acquiring or even partnering with them, I doubt it.. Grenville has done this before and Armstrong so far has presented himself very well and seems to know what to do. So I don't think they're looking outside the company for help, however down the road after a few seasons and this play starts to mature... Maybe, but I think there could be a list of suitors not just Lucara..
For the short term I think NAR stock price will be somewhat limited unless they surprise the market with a winter program, otherwise it will be a long wait until the spring thaw...