Something has to give. On the last qtr cash burn rate PLV had 6 weeks cash left (we are now four weeks into this qtr). I hope that the last qtr burn rate was high due to the PFS and drilling however, some of this is continuing in earnest so the cash burn although lower will not be substantially lower.
My guess end of August before PLV run out of cash. The Company making/breaking question is can they get the JTC to give them some money...or will Tony have to do another cap raise...?
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