Delia, we have to assume that costs are still to come out of the gross receipt $5.1ml.... to arrive at net proceeds. I don't dare try to estimate this outcome. Others might?
I am still sitting strong on the long term prospects here. Our recent high sp was no doubt partly based on the expected potential return on IO in the short term. Now back to base and rebuild after a sudden rush for the exits, while as many buyers gladly take their positions.
Tin and tungsten prices still high and don't look like dropping...but we can wait and see. W A holds many possibilities yet too.
Ann: Riley Mine - Update Following Completion of First Shipment, page-162
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