What's going on? • Actively seeking new projects to supplement our portfolio with $2,500,000 cash on hand as of Feb 2023. ---> Five months later we've yet to hear a whisper?! You'd think they'd get their hands on some James Bay Lithium claims, those plays are hot right now.
• Kinross is committed (whether they choose to drop the option or not) to making CAD$2,700,000 in expenditures on the Optioned Properties. BTU CEO Paul Wood commented; "Now that the shareholders have voted overwhelmingly to approve the option agreement with Kinross the geological teams will be meeting in the coming weeks to define the 1st phase of the work plan on the Dixie Halo Project." ---> Three months later where's the drill program announcement?!
The share price round tripped to where it was prior to the royalty deal, financing and joint venture with Kinross FFS.