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monocle

09/01/24 9:56 AM

#114714 RE: ColdDarkHole #114713

Yep, nothing happens at the property until they get done and for lack of funds to complete due diligence work it looks like the exim decision is second half 2025 at the earliest.
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PutzMueler

09/01/24 10:01 AM

#114715 RE: ColdDarkHole #114713

At around the 51:00 mark the boys say EXIM wants the updated resources, therefor a drilling program is necessary which Scott confirms for us, takes 3 months, plus the time needed to decipher the info for EXIM.
The FS is not needed to be updated for the EXIM funding, but together with drilling program takes 9 months minimum.

And then what?