RCR will be low on Cash at the end of this quarter and will need to raise in May imo.
$2.1M Cash balance (31st March)
($900k) Diamond/RC drilling
($100k) geo/gravity surveys and lab assays
($50k) fieldworks/heritage clearance
($150k) staff/admin costs
($1.2m) Total costs$900k Cash balance End of June (this is my estimate, but i don't think i am too far out).
The CR will go to their mates like last time and the price gets smashed!!
Lets see what management pull out of the bag
