GSN 0.00% 2.0¢ great southern mining limited

Ann: AMEC Investor Briefing Presentation, page-7

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    $800,000 payment for Cox's Find rescheduled to August 21 wasn't included in the 5B Section 8 cashburn calculation of 7 months funding available.

    Take $800k from $2,185k = $1,385k divide by $958k = 4.3 months from end of March. Cash will run out by August.

    You can't pump up old balls that are full of holes. GSN is burning cash, next raise is at 4.5 cents unless they pull a rabbit out of a hat nobody knows about. They've got 2 Exploration Managers, presumably two offices, and way too much ground and Terpu seems attached to a lot of it because he vended it into the company. They must be doing gold price dances each morning.
 
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