Good Morning1 Jun 2020 09:37
Happy June everyone, hope everyone is staying safe & well.
Lets hope we see some progress and finality this month on;
XCD last bidders statement talked about offer closing on 25th June, so I guess we should know this month?
Will future activity plans follow??
Alaska exploration credits, decision was expected this Alaskan Financial year (ends 30th June), this would possibly release the bonds deal to enable early purchase of tax credits and reduce our cash burn dramatically, plus of course may be a little left over ~US$2M (based on plan as published 2018 by SOA) for our coffers.
Final lab results Charlie-1 and in particular HRZ. "Additional results from laboratory testing expected over coming weeks "
Do not expect fireworks but may use for some optimism :-))