RE:RE:RE:RE:In the meantime,My apologies for that unfortunate remark.
As for financing, I was told earlier that the financing would be a mixture of FTs and commons occuring
in mid summer.
I have no idea if this is still the case nor that it isnt.
FTs save us extra dilution .
The 2022 FS estimated financing costs of $75 million cad.
$44 milllion of that was for uograding the Nuggett Pond mill which will not be the processing mill now.
Our Pine Cove mill is now fully upgraded, inspected and ready to go....so no capex needed.
That also means the extra 90 km in trucking costs to the Nuggett Pond mill relative to Pine Cive can be removed from transportation costs...a signifucant saving.
Direct shipping of HD ore to Pine Cove.
I have also discussed this apparent change.
Perhaps the shorter trucking distance plus the HD waste ore can be used for aggregate production along with fines recovery from the wash plant.
Makes sense as that too would reduce capex by about $15 million.
Also, once funded, we will have the cash to fund our full exploration program, delayed by lack of WC.
We have some great targets including Black Ridge that could have considerable spec froth.
But, we are a rare wild card , offering many advantages to at least two potential buyers who need our processing assets to produce and or to meet their production expansion goals.
GLTA