Afternoon 564xxl
Why do you believe there will be an imminent CR?
Looking at the June QTR cashflow report, it would appear KNL have enough funds to last until November / December
3oth June KNL had $1.453 Mil with a forecast expenditure for this QTR of $770k.
This will leave around $680k at the 30th of September.
IMO this would give management plenty of time to see the outcome of the Barrick Gold and Acacia Mining, that is expected to be completed in the next 5 days. A successful outcome on this front will see a positive turn for all of the Tanzania mining companies. Its certainly taken some time to complete.
Afternoon 564xxl Why do you believe there will be an imminent...
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