The Mineral Mountain target is huge. Claiming additional land to the east was very strategic. We could be sitting on a world class discovery that majors will be jumping one over the other to get a piece of the pie. Only thing required now is a $500k budget for 1-2 deep holes and the rest could be history.
Thanks MK, would this be all that's needed for MM to move the SP like that? Wouldn't more be needed to provide certainty around what's not only in the ground but how accessible it would be in terms of costs to mine....and other factors around permitting and indigenous concerns? Genuinely asking here.
One thing I am curious about, and at the risk of putting the cart before the horse....assuming the SC deal closes Q1 2024 and the coffers fill with the proceeds....dividend gets distributed to shareholders but some funds will come off the top to advance the other projects. What kind of budget could we expect CUU to set aside for MM (you suggest $0.5M above), EH, VD and SB? I'm thinking of $ for each to advance them sufficiently to sell. Thanks.
K