Happy with this, $781,000 on hand, estimated outflows this quarter $385,000 including the completion of the vanadium work.
they could dial down the administration a little just shy of 200K for last quarter and 37K on "Promotion"? However that may be roadshows, investor presentations and the like, won't complain as we've bagged several times.
this quarter is effectively crunch time, will definitely need to find a JV sooner rather than later as by June they'll only have admin costs in the kitty. However, with the confirmation of vanadium at 99.5% (hopefully) this any raise will be at a much higher price and the MC can handle a few rounds of dilution before its anything resembling a concern.
AIMO, but looking pretty solid for a big 2 quarters.
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