Trigon Metals Inc V.TM

!!!!!!!!!!!,,,,,,RISK of MUCH More DILUTION......????????

[Red_Deer]

"""Dewatering the underground is the next major step with pumps planned to be turned on in August 2023. All pumps and pipes are at site and pre-installation preparations for pumps have commenced. In addition, Trigon has installed backup generators as a safety precaution to ensure uninterrupted power.

 

Trigon purchased the first pieces of underground equipment this month, being a used scaler and scoop tram to start on underground clean-up as ramps and stopes will start to become accessible once pumps begin removing the water. The majority of the underground fleet will be purchased new from Epiroc, and the company is working with Epiroc on an equipment financing facility for the purchase.

 

Plant expansion has yet to commence, but site visits from the manufacturer of the necessary equipment has taken place, final estimates have been received and equipment will be ordered to meet required timelines."""


So EVEN AFTER All the PRIVATE PLACEMENTS__There is NOT ENOUGH $$$$$$ to PURCHASE the UnderGround Equipment/Fleet__Thus IF the FINANCING FACILITY Does
NOT GET APPROVED__THEN It LIKELY COULD BE More DILUTION to RAISE the $$$$$

SAME For the EXPANDED Ore Processing PLANT eh !!!!!

The ONLY WAY to REDUCE the DEBT Taken ON__OR the Amount of Private Placement 
DILUTION__Would Be IF the OPEN PIT Mining Starts RUNNING at a PROFIT