web . Is cuu using this webcast to perhaps explain and lead us to believe we are almost there but another pp will be required, therefore a possible short delay in the fs ...whats your take on this?
Thinking, with a webcast, its easier for cuu to go into details and explain to the shareholders why another pp is required, much softer and less impact on the sp ..whats your take ....
PP announcements must be in writting. I expect a large PP and if it were to be debated it would have to be announce Monday. Even if it was announced I would not expect it to be discussed.
Would a PP delay the FS? No.
We need it for maps, FS, Legal, land, salaries and the JV. The company must find the balance between dillution and funding operations because there is the Teck clock and we could get bought out. We have to assume that Elmer does not know when or if a buy out will happen. What he knows for sure is the clock must be started. This is why I say take the hit one more time but go big. Get all the money needed and then drop the FS on the table. Use the negotiations to buy time to drill baby drill. (Or complete the mapping and get ready to set up shop selling plots to other companies).