These figures may be wrong and are at best a rough guide.
I think there are about 150 million shares on issue and total debt might be some $100,000,000 or $0.67/share. That has to be covered somehow.
How much would be needed to get things rolling? Per share. Ignoring the above, probably 25 to 50 cents????? A small amount probably in relation to proven in ground ore reserves. And therer is a lot of value there - where will it go?
I might put that in as I already have a lot more in but as the previous post said, confidence would be the secret.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held