Canadian Critical Minerals Inc V.CCMI

Latest PP

[reddog11]

Anyone have any idea what these small PP are actually for? States "Bull River exploration and development activities".

We are bringing revenue currently and so just a little confused.
Maybe for final permitting. Perhaps the ore pile revenue will be for final mine development?

A little better direction would be nice.

It is another small one and at better pricing than the last, showing we are improving in the eyes of investors.

Any ideas?

RD

[jleer42]

We are bringing in revenue, but there are costs as well. Trucking etc for shipping the ore to get the revenues. Ongoing costs to keep Bull River dewatered, electricity, etc. Nothing has be given but I'd guess maybe $50k-$100k/month is the left over after covering costs. I'm assuming funds raised are to complete the engineering studies to apply for the final permit. I think those are a

[reddog11]

jleer42, Agreed. The small sizes of the PP is probably well thought out. Just enough to keep covering costs without a monster PP as I have seen others do lately. In the last interview Ian said he thought the net on the revenues would be close to 50%. Ian did not mention a timeline for the final permit that I am aware of and that would be nice to know. Perhaps he doesnt really know either. It