No financing - No next season 2025Financing TUD for another season would require double what they raised for 2024 to bring a further undertaking to commencement and not another like this past season to gel even close to legitimacy going forward.
Another repeat of 2024 for the sake of keeping up the appearance of drilling without losing 2025 just to add to the sheet of an already discontinued PEA won't suffice.
What it will take with financier funds for high risk explorers having reportedly dried up seeking greener pastures, is a prohibitive amount of dilution that could double or better Tudor's outstanding share total in these times of such extreme circumstance.
Bettering or even doubling last years funding total would be the optimum target.
Could the company sp implode where its going to be extra difficult to obtain funding for next season as it stands and looks to be a wash already.
Too close for comfort and more than likely.
Tudor at any rate is between that proverbial rock and a hard place with no guarantee in that if by some miracle they obtain sufficient funding they can even prove up an economicaly viable mineable deposit to green light a PEA study recommencement.