Agreed, been a void since mid December of anything material announced but each day that elapses is once closer to things flowing and reducing the gap to the DFS and FID. Seeing MI6 jump looks like getting funding sorted is what the market wants to see. They did a deal I was talking about get someone in to invest at attractive prices and agree to fund us win win but we already did that CR, and their deal has ongoing royalties which could add up in the long run.
I think MRE update should come by the end of next week at the latest as Marc always said Feb without sounding convincing but think he said next couple of weeks last week when he presented. These can often dissapoint though but we have not really done anything price wise in the lead up and it could hold a couple of surprises. Just hoping for Think Big deal we get the better of the terms!
Also next 4 months we may see a few various approvals come through to de risk the project as we head into the PFS and FID.
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RIU Explorers LIVE: Astral Resources' Marc Dulcer on looming DFS, funding base, and JV potential, page-18
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