Post by
GraviTee on Dec 06, 2024 1:27pm
Without financing there will be no next season in 2025
Financing TUD for another season would require double what they raised for 2024 to even bring another undertaking unlike this past season even close to legitimacy going forward.
Another repeat of 2024 for the sake of keeping up the appearance of drilling without losing a season 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 dried up, is a prohibitive amount of dilution that would likely double or better Tudor's outstanding shares total in these times of such extreme circumstance.
Bettering or even doubling last years funding total would have to be the target or have the company sp implode and is going to be extra difficult to obtain where next season looks to be a wash as it stands already.
Tudor 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.
Comment by
NineLives on Dec 06, 2024 1:34pm
Without a partner Seabridge will languish and eventually disappear into a dark tunnel without an end.
Comment by
Signman on Dec 06, 2024 1:58pm
WARNING GraviSEA's semi daily bash not based in actual facts but rather his pontifications of situaltions where the aim is to sway shareholds away for TUD. He is paid to do so. He owns no shares here.