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My take away is that the amount req'd for the FS ($1M)
is the only step required before we are no longer in need
of equity financing. After all that has been accomplished,
to do a RB for $1M makes no sense, and it will be done
without a RB. My opinion is that the FS takes priority over
drilling for the time being. Once we have the FS in hand,
the project and the co. will get a new and improved valuation
in the market.