Anyone who actually reads the quarterly can quite easily see that KRC next quarter expected costs are:
Exploration/Drilling program - Concept Study - Tenement and other expenses
All of which doesn't come close to spending all that is in the bank. The financial position is strong, with a strong pipeline of news over the next few weeks/months.
With $6M guaranteed come July, the smart buyers are loading up now.
I'm freeing up some capital as we speak based on the above information.
Ann: Concept Study Update, page-123
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