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clock Created with Sketch. 26/05/23
16:46
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Originally posted by MadMax69:
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They're spending about $10m a quarter and have $23m in the bank as at 31 Mar. DFS due end of the year. Maths isn't my strong point, but I'd say $23m gets them two quarters to play with. That takes them up to end of Q3. Maybe they'll cut back on exploration drilling to extend the cash, but a lot of it's going into the DFS development as well.
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They won't have to fund Capex.. They will get taken out well before production
(20min delay)