No RevenueThe company currently generates no operating revenue, meaning there is no proven internal cash-generation engine. Over 2-6 months this leaves the business reliant on capital markets or asset transactions to fund operations, creating persistent execution and survival risk.
Negative Operating Cash FlowOperating cash flow remains negative despite improvements, so the company is not self-funding its exploration. Continued negative cash flow forces reliance on external financing or equity dilution, which can delay programs or reduce project economics if repeated.
Very Limited Internal Operating CapacityReporting zero employees suggests heavy reliance on contractors or third-party providers. This model can slow decision-making, increase per-project costs, and heighten execution risk for permitting, field work, and drill mobilization over coming months compared with in-house teams.