$252k at end of quarter? Gee that’s running it skinny.
MOH needs $3-5 million to do things properly. Move past this skin of the teeth exploration where they can never afford to do enough work to raise the odds of success.
If they just raise another million then nothing will change unless they have luck against the odds. If Black Swan is the game now, $250/m for diamond core that might need to go 500m depth …..
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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