"The gold deal will hopefully just plod along bringing in some much needed usable $$$."
I want to make something clear, the timing of these cash flows is critical.
We don't need funding trickling in from Mar 17 to Mar 19 totalling about $20-40m.
This is only good for further drilling/testing/prospecting.
We currently have $8m which will see us through the SS and the next 10,000 m of drilling.
We need a lump sum amount of between $40-$90m by mid next year to pay for this plant.
This lump sum will help prevent shareholder dilution.
This gold income stream is not what we needed, its what we got... lets be clear on this!
BGS Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
