Cash burn approx 3m per Qtr - but 90% of that is exploration (which is good - thats where we want them spending!) ....... Burn rate means that there is approx 18 months of cash in hand - which best guess means a cap raise should not be needed for about 12 months, unless market and exploration program presents a more logical time ....nothing negative here in my opinion!
Ann: Quarterly Cashflow Report, page-4
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