"9.1 Exploration and evaluation 587 9.2 Development 866 9.3 Production 25,044 9.4 Staff costs 2,187 9.5 Administration and corporate costs 483 9.6 Other (Loan Principal and Interest Payments) 14,819 9.7 Total estimated cash outflows 43,986"
As I said before $44m spending in 3 months, $7m cash & receipt from customers about $25m (est) for 3 months, so IMHO capital raising about $15m @ about 10c to keep VA out.
With US tax cut, IMHO gold price will struggle. My wild guess is VA probably by early next year.
BLK Price at posting:
16.5¢ Sentiment: Sell Disclosure: Not Held