Look at it this way S32 sign deal Additional geo surveying to...

Look at it this way

S32 sign deal
Additional geo surveying to identify drill targets
Drilling starts
Grade and depth established
Multiple drill holes required to identify tonnage of resource
Release of purposed tonnage and expected grade to market

This takes a long time , I’d be happy with 1.5c in 12 months, that would indicate that at least we are on the right path , otherwise we could be facing

More geo surveys before signing EIA
Unsatisfactory outcome of secondary surveying
Partial funding offered for one round of drilling to establish grade and depth
Unacceptable grade and depth

There’s multiple outcomes to this, if we see any forward momentum I think it will be a relief, I think S32 will be catious with their money though and it will require more proof for them to sign , all just my opinion of course