RE: What's news8 Dec 2022 17:10
No, Shirley. VMS drilling is part of original budget. According to their presentations, goal is to assess farm-out. Otherwise, for current FY, it's projected to be 450k licence spend and 35k monthly cash burn. If gold assays are off the charts, very easy to get good financing in. Look at GCAT as recent example of getting non dilutive finance in. Same for copper, especially given the forecasted supply deficit.