Debt - 11 million due August 2022It's even worse then I thought, 11 million in debt is due August 2022.
From the latest Financial Statement (September 30, 2021, p5)
The Company’s working capital of $(9,210,749) at September 30, 2021 includes $11,039,609 related to debentures maturing in August 2022 and the Company will require further funding to extinguish these debentures. The NICO project also requires further funding to advance the project through to production. This results in the existence of a material uncertainty that casts significant doubt about the Company’s ability to continue as a going concern.
The "going concern" disclosure is never a good sign for a company.