RE: Empire Metals - Signs of Super Large Copper Deposit10 Feb 2023 10:17
My high level takeaway from the interview regarding Pitfield:
* Currently sufficient money in the bank appr. £1,000,000
* Drilling campaign Pitfield only appr. £300,000,-
* Shallow drilling 100-150m only
* Pitfield drilling starting probably within 2-3 months prior farmers start seeding
* No big burn rate, no big overhead, not desperate for cash
* Right market, right commodity, right timing
* Currently in South Africa for 1-1 meetings
DYOR