RE:RE:Merry Christmas everyonesw248, at the risk of the broken record accusations, bottom line is until the horizontal selective solution mining tech is proven to be economically viable, it is a huge gamble for deep pockets to put hundreds of millions down on the table, and they didnt get that kind of money by being foolish with funding high risk potential.
I can see a small financing possibly to prove up the tech, but no one but those on the inside really know........
Gsp is not alone in that conundrum as several junior corps are relying on proving the same downhole science, and to date are no closer than they were a decade ago.
The previously promoted illusion by several juniors that Intrepid has the same operation currently operating in Utah is akin to comparing apples to bananas, and most folks understand that.
Add that to almost half a billion shares outstanding and it puts raising money trickier than a corp with 50 million shares on the books.
No real easy answer for 2024, sw248