I sat in on the webinar.
- I think Simon said 80 oz/month to break even and would give monthly updates. He also referenced low volume at present. Expect to increase above break even in second half of year.
- Expecting to have remaining issue shortfall of about $1.5M placed within next two weeks (we can but wait and see).
- Resuming drilling at Red Mountain and White Gold this year is an objective and looking for a partner to help at Red Mountain (targeting May-June for an agreement).
- Had talks with TMZ as to whether they can continue to fund Carrington. They are meeting their obligations at present.
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- Ann: Company Update Webinar Presentation
Ann: Company Update Webinar Presentation, page-3
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