RE: HE1 interview13 Aug 2023 14:11
They may be fully funded for this drill but are the salaries for October and November covered? They are very crafty with wording so I’m surprised they haven’t done a raise already.
Just thinking…… will they do a Pred and do the drill and declare ‘positive results’ then do a fund raise to cover the lab tests and ‘production drill’. That wil get the most gang for their buck and if the lab results are poor they have the production well money to cover the next drill?
Everyone wins, the company gets good pr for the raise and traders make a killing, those late to the party are left holding the baby but could mean the shareholders are generally happy…..