Quite well positioned now
cash ( end Q3 ). $2.4m
grant. $0.22m
extra investment $0.7m
so $3.3m. Puts them in a good place to accelerate the exploration. Cash burn quite low outside of the exploration.
these guys are super careful managing the cash. Very happy to see them pay zero fees here and picking up the grant.
any success in the up and coming drilling could see huge gains
Ann: Capital Raise to Cornerstone Investor, page-9
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