Baseload Energy has sufficient capital ($15M as of Q2, plus $5M exploration budget, after burning $2M/month on drilling) to complete Athabasca option (AIO) work and field exploration without requiring equity capital raise or asset sales.

factualpending

Speaker

James Hyes

Evidence Quote

we have 15 million in the bank for exploration next year... with the exploration we're doing at hook we're basically burning two million a month

Source

WNA Symposium Recap: Crashing Sentiment, Demand Growing, Supply ShrinkingResource Talks
Created: 8/12/2026, 6:10:18 PM

My Notes

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