Q1 Report this week?, page-172

The figures being worked out are very promising.

I noticed some mention that we should see somewhere around $80 to $100 million in the bank post this quarterly!

I found this page in the annual report which shows all the options and their price to convert.


The total $$$ that would be raised from those options is just under $50 million.

Plus taking into account that taxation that can be minimised by utilising the $200 million tax losses. Which retains further $$$ into the bank.

My guess is there is no need for an offtake, partner nor debt to build Sal De Vida or James Bay.