Before Christmas probably, because January is dead and MN will not want to put out the Dec Qtly numbers at end of Jan 24 showing that the cupboard is bare.
However, if he slows burn rate, stops pissing money away at EP and focusses exclusively on Limon, the money could well last into the March Qtr.
The real question is whether MN can announce anything material to boost confidence and value of Limon before the cash runs out.
That is our hope for the next cash raise at 2.6c or better.
I sure hope he can, but I am not confident he can….
DDD
Ann: El Palmar 2nd hole confirms T3 strongly mineralised porphyry, page-53
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