@mattyedw Yes there would some CR requirements in the near future but this is JP's area of expertise and have always been oversubscribed and given the potential of Investigators atm even with the subdued Ni price . JP has always stated going minimal on the $required and dilution aspect
From what i can find the last reported cash at hand was $3.8M at 30/9 ... so two months ago and 15 -16 drillholes have been done since then and three of those were the deeper ones at 280+
JP has said drilling 24/7 till christmas so a good 3 weeks at least and also said indefinitely in another announcement all with the new dhems done on the last ten holes since mad 126/7 ... and on those last ten drill holes since 127 given the return of only ~2.5 m of massive sulfides and given the expectation of the nw down dip plunge channel extension expectation of mad134 from 126/127 Mr Market can only do so much
imo its not in their nature to drop a deep hail mary down atm though some new eyes and new dhem might change there minds ... hmmm wouldnt it be nice if mad 60 and mad111 lines appear to converge at depth out there
Still this is Nickel and we have the best in the business working for us with very high rates of targets hits ... very unique ground / geology we are dealing with here - very exciting times - outstanding Ni% - cannot wait to see what the next lot of dhem lights up and into some resource definition drilling in the new year .
Good Fortune to all . this is nickel exploration - love it . game changer at any moment in time
Nickel69
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