..sorry Olympian but it's exploration and evaluation- not development..but anyway...in the IPO-prospectus it is IMO clearly written that $ 10 million from IPO will be enough for all expenditures within 2 years. Exploration budget in year 2 will be much lower than in year 1.
Administration costs in q1 and q2 are together $1,2 million- so they won't spend 1 million every quarter for that.
(These calculations do not include Molyhil-offtake)
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