RE: I am an investor in NILI My understanding is that NILI has been in a holding pattern waiting to receive drilling permits (5 acre disturbance on NILI claim required BLM inspection of past drilling sites, new 5 acre disturbance on MT JV claim had not yet been approved and approval of 250 acre permit on NILI claim not expected to the Fall).
The metallurgical work is progressing. Discussions with other interested parties ongoing. Mr Harris in Korea on a trade mission....home of Hyundai/Kia, Samsung and POSCO.
There has been no news from NILI on status of the permit approvals.
I think that advertising budget is a very small component of NILI's expenditures and is aimed to stabilize the share price, but agree with you that it has little effect.