Some More Email Dialogue with CommerceMe: Understand….did Commerce submit to the RFI from the US Government? I would guess so. The double PP is uniquely nestled here for Ashram buildout as well. Did Commerce get awarded government funding on the pilot plant?
Commerce Resources: Yes, we got the heads up regarding the RFI and submitted right away. We actually had dealings with DLA in that regard so we were ready to go. There has been no commitment on their part yet, but we have been assured that as a Canadian project were are eligible. Given how strong the Ashram is in the magnetic feeds, it should be of very real interest to the Air Force, who issued the RFI.
Regarding the PP’s, yes, the first was to make use of flow thru that was offered, and which we can use for assaying drill core that we hadn’t yet. Not that a bigger resource is required, but that core could need to be assayed for our PFS data anyway.
The hard dollar financing is already getting a very strong response. The warrants alone are very appealing. I think once we close up the pp, we’ll see share price rebound strongly (not that I have a crystal ball of course.).