$10/15 Mil would cover our requirements until the latter part of `24. However, it will be essential to fund Neuva Sabana via prepayments or a short term loan. Without that we are back to square one chasing the $20mil to get NS up and running. The company has stated that what makes this first project so attractive is the low capex. Being conservative, there are likely to be cost overruns which will eat into our working capital. No matter how simple it appears in the planning stage, a new mine has development risk.
$10/15 Mil would cover our requirements until the latter part of...
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