OTCQX:NTTHF - Post by User
Comment by
tiger6301on Apr 17, 2020 10:32am
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Post# 30921523
RE:RE:While in Quarantine, Something to Read
RE:RE:While in Quarantine, Something to ReadHi Papino,
Drilling to expand high grade resouce is not useless, it is increasing the asset value, this is what any exploratory companies do, and live for.
For sure the management need to weight in the priority, what need to be done and what can be put aside.
With final feasibility and fine tuning the pilot plant, I believe NLC should have the fund for additional drilling.
stay safe!
tiger
Papino0 wrote: Why spending on holes when it would change nothing to the project ? For my part, I think austerity is key until the market improves, we don't know when or what will happen, so why jeopardize our sustainability ( money ) with something useless ? The PFS is needed to respect the timeline so i would only focus on that, cash on hand could even be a better lever during negotiation than ressource, wich we already own more than enough for 2 or 3 other projects !