We are days away from the SC 2024 program!
Lets discuss this....as I'm curious!
So last year was a historic budget at 17 million, the biggest amount ever spent on SC (Elmer likes to bring this up a lot and gloat)
Assuming we continue this progress and forward advancement to bring the value forward from this project, say Teck announces another big spend this year as example, say 20 million.
We are now over the allotment spend of the JV agreement of 60 million on pre-production expenses! Currently Teck spent around 47 million to date. This needs to be news released to us! Very material!
I don't want our milestone payments touched or decreased! It's my understanding, our milestone money would be reduced if we go over pre-production exploration/development costs! So I wonder how elmer and board directors treat this situation!? It's unique! Thoughts?