finanacingThis news release today is very positive. First, off the financing with Orca, excellent agreement with the ability cancel after two years, that's quite a deal. Reading between the lines tells me that production out the Bokan mine will be ramping up, remember 15% of what would you make should a deal unless you knew production was ramping up.
Also, being able to finalize the licensing agreement and joint venture agreement I believe will help other ventures to move forward because of the decision making capability.
One thing not clear is the $1million set aside for JV agreement, is this tied solely into the leasing agreement or will Orca have interest JV and licensing agreement.
We will see, never the less good news today. I think we will see things moving along much quicker.