RE: Now The Noise Has Cleared23 Apr 2021 20:46
Ok. so second interview was quite a lot better. Clearly more relaxed, although not completely at ease, with far less mumbling and a lot more cohesion and confidence.
Fair enough with the apology about the cash raise but now actions are more important than words and he needs to make sure that the 6m is put to good use and not just wasted away frivolously. However, I would rather he didn't involve us PIs in small cash raises like this one as I've heard it takes far longer, costs more and can be a pain in the backside with what is involved. If there is ever, and we can but hope, a much larger cash raise down the line when required to fund "proper road to production" stuff, then I would like to be involved. Until then let them raise the cash as quickly as possible when needed. But obviously not to do them when they state fully funded and without having a proper purpose for it.
I felt like he was also kind of apologizing for the assays at one point. This was not needed at all and felt silly. Assays are assays and they can be bonanza (love that word), good, mediocre or bad, but they are just assays. You hopefully learn from these and hit the hot spot next time.
All in all he seemed a lot happier himself that day, he didn't over-egg our prospects too much and told us he kept it to basics of what they are planning to do next. Like I said the key now is for them to get on with using the 6m quickly and efficiently; and not having us asking in six months or a years time whether it's all gone on wages and bonuses because we've had so few holes reported back.
6m is a very nice little nest egg! He's now done his talking and it's time for them to really get to work!
With a bit of luck maybe we'll get a Blue Moon Bonanza RNS one day...
T&T