Thanks bud.
So based on that (total of 3,703,000 cash) and the cash burn of the next quarter (933,000 - taking this as a rough average going forward) ICG is pretty much funded for the next full year.
Of course their quarterly expenditure will fluctuate depending on what they are doing (ie. drilling / additional exploration etc) but these funds should definitely fund their drilling program and beyond.
Once the permit comes through and drilling results come out pretty sure the SP will be far north of where it is now (providing the results are good).
At this point soph. investors will be throwing money at ICG wanting a piece.
Well... that's the hope and all IMO.
If this all happens and goes to plan I may buy an Alpaca and name him Ross.
Thanks bud. So based on that (total of 3,703,000 cash) and the...
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