Yes had $3,028,000 as at last quarter. I've figured they were burning about $,1500,000 a quarter. So that should have left them with $1,528,000 at the end of this quarter. Add the $250,000 from EAFD/slag which I read as inclusive of the bond and I get that they should of had about $1,778,000 left at the end of this quarter.And they've got more than that left. So all is very good considering payment from BSM will commence and ther will be payments for test work.
Ann: Appendix 4C - quarterly , page-5
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