RML 0.00% 0.2¢ resolution minerals ltd

Ann: Drilling Commenced - Sunrise Prospect 64North Project Alaska, page-53

  1. 12,636 Posts.
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    Exciting? really?

    Cash on hand: (based on half yearly RML report)
    June 2020: 2 mil
    Dec 2020: 1 mil
    June 2021: ????

    RML needs cash urgently to pay directors. Don't you think CR is immiment since they are spending $1 m every 6 month? Then at what price if CR is coming? under 2 cent? how many shares they need to issue just to keep RML going until Dec 2021.

    Where is the gold hedge againts worthless Fiat?
 
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