IDEAS.... I see they've a 3 yr drill permit.
I also see they've been busy cashing up coffers.
Maps with projected long road with potential bulk ore ?
And.... special shares with voting rights. ( what's up with that ? )
I'd make a few key changes
Cashed up ------> keep majority act as buffer.
Sink a few holes to bump up Black Horse inferred
Scrap long " new road " and potential bulk ore - too much side stepping
Sit down with Ford to discuss -------> 600 tonne airship
plus avail grants ( any / all ) including ----> zero CO2 grants using airship vs diesel transports
In the immediate,
announce will work on PEA for Black Horse with current stats - get jump on
plug in new drill stats after drilling.. ( junior owes this to long standing shareholders )
Announcing this would spark more interest.
But... with a definitive mine model ( metal or 60+% ferrochrome concentrate )
Confirm it.
TRIFECTA ( black horse )
Cashed up + save some for reserve + portion for drilling
Airship + Gov Ford meeting
PEA
Such a plan,
snaps junior from lifestyle ( routine ) arbitration mode / limits dilution.
cleans up many tethers that distracts junior which creates drag.
places project on fast track.
I don't usually look at project with excess shares out.
Yet... when i crunch the numbers vs shares outstanding.... deposit grade offsets good portion
of the shares. Performing the trifecta model above and bringing in larger funder on it's heels
would suit me fine....lol
Not investment advice,
just moi aussi being me.... scoping out a project.
I maybe utterly wrong... but then again, i may have nailed a few good talking points.
2 GREAT AIRSHIP VIDEOS ( short clips )
https://www.youtube.com/watch?v=dBVEG-Sj7b4
https://www.youtube.com/watch?v=3xCHOcpQgSI
Cheers...
How i envision accessing -------> ring of fire.
600 tonne airship.
