Hi thrumyeyes,
Surely the company wont need to dilute capital on the basis of their CFO not being unable to understand their cash flow scenarios?
I don't have any idea on the minimum expenditure requirements on the exploration tenements, but Im willing to bet its a lot smaller then $4m a quarter.
There should be room to reduce spending if a delay in the ML is forecast.
Utts
posing a few questions re. abm, page-14
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