Non-brokered private placement of common shares Is this for the 2022 drilling program? If so I'm wondering, since there is already a large amount of proven ore to extract and process, if the entire idea is to prove additional ore bodies and look for a buyer? Cosidering current commodity prices is this the year?
How sure is it that AXU would be agreeable to a sale/takeover if the timeing is right? (Right silver price, right proven deposit).
Is 2022 where shareholders are able to see a return on investment?
Was the 400 TPD achieved using stockpiled material?
Is there an increase in miners and camp facilties needed to maintain the 400 TBD feed to the mill in an ongoing basis in the future?
Not worried about actual mill capacity as its mostly a given at time of purchase. There could be gains in revenue by increasing capacity (additional mill)?
If so is AXU using the current mill as "proof" of the of mines current feed capacity and is now proving other deposits for a sale?
There are some claims East that were tested through the overburden but not much came of that? There has always been activity Southwest and towards Mt Haldane by others, but as far as I know it's all suspected and was never proven. To date most of the ore body is still located with the Aleco's Keno Hill deposit area?
Thoughts?