MTC metalstech limited

Ann: Drilling Commences at Bay Lake North Cobalt Project, Ontario, page-41

  1. 1,500 Posts.
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    Looking at the quarterly, the predicted outflows for this quarter will leave us with $660k.
    So in 6 weeks time we can assume that’s accurate and will have $660k in the bank ...which is not ideal.

    Anyone know how long it takes to get rebates back from exploration costs? I know it can drag on for months and months in some places.
    That would be another approx $1.5 mill
    Which would put us over $2 mill in the bank which wouldn’t be to bad for the near term.
 
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