From my post 59191823 after the last Quarterly Cash Flow report:
"My estimation is that the Tanami piggy bank will fall by ~$5.5-6.0M for the 1/4 taking the reserves down to just over $5,000,000, of course I am not calculating in for the possibility of some unknown sales of whatever it is that they are attempting to produce."
$4,229,000 left in the bank, looks like I was a little generous in my above guestimation.
MORE:
DILUTION!
DILUTION!!
DILUTION!!!
Best of luck punters, imo you're gunna need it.
Off-take Agg required before restarting FS for a Commercial-scale beneficiation plant.
Said it before, and the word Screwed comes to mind.
.
NTU Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held
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