CPM cooper metals limited

Ann: Brumby Ridge Fault enhances prospectivity of Mt Isa Project, page-94

  1. 53 Posts.
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    Closing balance as at March 2024 - 4.4 mil
    100% Estimation
    Quarterly Admin and other exp - Lets say $240,000.00
    2000 meters of Diamond drilling - $200/meter = $400,000.00
    1800 meters of RC drilling - $80/meter = $144,000.00
    Total estimated quarterly exp - $784,000.00
    Estimated balance at June Quarter - 4,400,000 - 748,000 = $3.6 mil

    With this balance and s decent drilling exploration like last quarter - 3.6 mil / 800,000 - This cash is enough for another 4 quarter or lets say another highly active 3 quarter exploration is possible.
 
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3.6¢
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Mkt cap ! $2.820M
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3.6¢ 3.6¢ 3.6¢ $1.359K 37.74K

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