BRB 0.00% 47.5¢ breaker resources nl

Ann: RIU Sydney Resources Round-up Conference Presentation, page-9

  1. 2,804 Posts.
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    My takes are: 1) proximity to Karonie (SLR 1,6B$) 45km, Carosue Dam 80km (NST 11B$) both operating mines. Close to Lake Rebecca 45km RMS 1,3B$ not operating mine yet....we are surrounded by 15B$ worth of companies and we are 81M$...with 31M$ cash and 20% of Manna free carried.
    2) The other one is that with 31 M cash we can operate for 10 quarters or 30 months at 3M$ per quarter cash burnt....not many explorers have this luxury..... to be fueled without dilution.
 
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