Up-coming news:16 Aug 2025 09:15
Morning all.
Weather forecast is looking ‘exceptional’ for the weekend, so hope y’all catch some rays with family & friends.
Upcoming news……….
TAM DRILL RESULTS:
The last two sets of results shows us that they are issuing drill results for just 3 holes at a time. The RNS from the 28th July stated: ‘Samples from 5 more holes have been shipped out for assaying’, but only results from three issued. With 18 drill holes planned for this campaign we have potentially a further four RNS’s to land at two week intervals. This would take us up to W/C 6th October.
Next TAM RNS W/C 25th of this month (my previous suggestion that we would receive further results next week was wrong IMO).
EXPLORE Co:
9th – 12th September we have the Precious Metals Summit @ Bever Creek (there are a further four event presentations planned taking us into November).
This subject is a tricky one to fathom, especially considering the contentious levy issue. The RNS issued on 17th July stated: ‘A more detailed update is expected in the coming week(s)’. However Dan was pretty cool on the subject during his interview on RCTV on the 5th of this month.
Taking all into account I am sure we will get some sort of an update before the 9th, but a deal with cornerstone partner may not be confirmed.
If we do get a complete update, we could see the SP jump 5p IMO.
Once investment is banked, it’s going to be one hell of a ride here, as we will have drills turning on other of our tenement(s) within a matter of months.
THIRD TRANCHE FROM STREAMING DEAL:
‘$33.3 million (expected at the end of Q4 2025) to be disbursed upon certain conditions precedent being met, including, but not limited to, submission of all final permit applications for the construction and operation of the Project and the TSF, and other necessary documentation’.
We could be very well on track to hit Q4.
DFS:
This is the ‘game changer’. I can absolutely see the SP jumping 50% once this is issued. If we can get close to 30p before this time, well we are in an ‘exceptional’ position.
IMO this will land Q4 this year or Q1 ‘26. However, don’t be surprised if a bid lands before hand.
The futures Bright 😊