Milestone dates...My interpretation is the $1.75M was to be due March 2022. (Initial agreement signed Nov. 09, 2020 plus 16 months) If it were Dec. 2021, we'd be in a default position now with associated repercussions, would we not? Yet the NR states "The Vendors have agreed to the Company's initiative to free up the bulk of the capital reserves allocated for the 3rd Vendor payment notionally anticipated for allocation during the 4th Quarter 2022 until August 2023." Dates are somewhat confusing if you ask me... If the payment has been kicked a year and a half down the road, how does this benefit the rights holders to the vendor shares of the CPA? There is no penalty or interest component mentioned... so why are they being so nice... almost "Sentient" like???
Does this also mean that we can kiss goodbye the current timeline for the resource estimate? Are we looking at no, poor or delayed drill results, no NI43-101 for at least another year, inevitable financing at these (or lower) rates? Not lookin' good!!! I'd really like to see an explanation as to why this was necessary... were we not led to believe that money was not a problem after last October's raise? What's happening here?