The cash burn rate will slow down significantly, according to the company announcement they haven't been served by any legal notices, and have said multiple times that court action regarding the JV is a last resort. Therefore these legal costs you're talking about Richman don't exist (at least not yet), and the money spent on assay results would have been committed prior to being removed from site, therefore those costs won't continue either.
Expect a dramatically reduced cash burn in the next report imo. Nothing happens one way or another until we hear an update on getting the site back. Still got a few months to play out I imagine.
IAU Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
