RE: Just throwing this out there10 Sep 2021 10:55
I think the moment might have passed for the value event. Its so vague it could even have been the inclusion of copper ( but the timing was off)
I think if we had a value event now its unlikely to be the hoped for one after all this time. As you say the whole thing was only a "could lead to" type suggestion.
On the subject of the grant, stage 2 €158k (£135k) EUZ has historically required about £2m a year or £166k a month so the grant part 2 is less than a months cash flow. The good news is the drilling program has finished but now the contracted out work to consolidate the results is under way and will not be cheap and of course the day to day running cost continue, wages rents, travel etc.
These cost must have been calculated in when Lawrence said we are funded for the major parts of the PFS although i detect a swing from PFS to JORC upgrade in the last RNS.