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Cost Cutting Initiatives In light of the current market conditions and nickel prices, Blackstone has taken considered cost cutting measures in order to preserve the cash position and limit shareholder dilution, until completion of the ongoing JV and strategic investor process. Actual events or results could differ materially from the Company's expectations or projections. Now that things have normalized, our crews have worked very hard to make up for lost time and have now initiated the first drillhole. In turn, such difficulties have prompted many a crypto mining entity to suffer, with the likes of Computer North, Core Scientific filing for bankruptcy in recent months, whilst other firms such as Riot Blockchain, Marathon Digital, and Argo also saw their shares plummet with Argo salvaging things through forging a deal with multi-pronged crypto firm Galaxy Digital.
