GREY:PGDIF - Post by User
Post by
oiltaron Mar 06, 2017 2:58pm
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Post# 25938999
Direction
DirectionI suspected they could not get a major producer to fund the $17 million full scale exploration for 2017.
But at least now we have a direction of a future scaled down program and to anounce a date for it must mean there is some kind of financing near.
That could mean a PP or new share issue to the public.I doubt it will come from a major producer as the $17 million would have not been a big deal for a deep pocket major.
Could be a smaller player like SWY or LUC as the funding is smaller scale to DDC or Debeers deep pockets.
At any rate it seems we are going to move forward.