We were fortunate to have been successful in recapitalising the company in late December 2019, as a result, we are fully funded to execute our CY2020 objectives, given our strong cash position ($2.9 million at 31 Dec 2019), strategic investment in Davenport Resources ($1.4 million) and a modest monthly cash burn rate. In summary, despite the current market uncertainties and broader challenges associated with a likely COVID-19 related global economic slowdown, we remain focused on the effective execution of our business plan and optimistic about the future of Parkway Minerals and the commercialisation of the aMES™technology.
Great!!
Ann: Corporate Update, page-2
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