According to the last qrtty Bgs has 3.1million in the bank...
Current drilling program will spend 1 million...
Plenty left in the bank to get a certified resource....plus
This latest announcements talks about funding more exploration via cash flow from gold processing.
This is why the enviro ....haulage ...etc....investigations are moving along at the moment....
Seems to me there is a plan to scoop up dirt and transport for processing in a very quick timeframe..
Therefore cash flow is expected in a short timeframe to self fund future exploration and overheads....
Over the next few weeks expect CR posters and negative posts all to try to encourage the week to sell......
The expectation is that the southern plung will provide great encouragement once results are in...but this will take more than a few weeks....
rough estimates for next cap raise, page-11
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