RE:please postI agee likeIke,
There is no such thing as phase 7 or 100,000 metres. The cost of 100K metres even at the Company's very low cost of $150 a metre is $15M plus monthly corporate expenses to sustain. So you need $20M for that size of program.
The FY 2021 is completing phase 6 and the 20,000 metre program with the $4M cash on hand. If this program goes well, the stock price goes up and they can do a larger program starting next fall/winter at the earliest. Tim would love to do such a program but you need to deliver the goods on phase 6 before you even come close to that size of a program.
I know what is going on with this company and have watched all Tim's podcasts. Lets quit the BS.
GLTA