Drill Campaign12 May 2022 10:45
As the days go by and no RNS yet about the drill campaign, I am now of the opinion that the DM interview on an Irish small town radio station was the “Drill campaign RNS” we were all waiting for. 1 hole, 2000 metre deep, 8.5” wide but DM still doesn’t know where or when. This will be funded out of current funds held which I believe is about £9M.
The reason, IMO, there will be no multiple drills this year is, despite a couple of attempts by DM and Ian to pump the SP up, they have failed, which now means they cannot activate the 200,000,000M share placing to pay for the multiple drill campaign this year. So DM and Ian have now painted themselves into a corner because they can’t announce a drill campaign because they can’t raise the money for it and they can’t raise the money because they don’t have a drill campaign. All IMO of course and I’d like DM and Ian to prove me wrong.