3-7 yrs before they own the production rights and landThey have 120K+ total shares right now with 30M in cash,
they have to spend 23M + 20M option for production over the next 3-7 years.
Looks like the shares will be diluted at least 100% until production starts....
outrageous grades, but will have to wait on the reserve estimates.
share price seems well ahead of reserve estimates, long time to wait for production too.
Marc