He said stoping was commencing this week, so it looks as if they are pretty much on target.
Don't know why the placement was done. Last Quarterly cash flow inducated they spend about $1 million a month, so the current cash flow is breakeven. Probably just working capital for Sunburst development.
The Appendix 3B suggests all the Convertible Note holders converted to shares, so any potential cash liability there has now been resolved.
5 reasons to buy cto, page-21
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
