I agree Bigunks, the market is a flat as a %#*t carters hat and I have an idea why. There will be no income generated for at least 3 years and during that time the cash burn will continue. Where will the funding come to further explore the larger Quinchia Gold Portfolio and the significant gold porphyry system target of Tesorito? This funding for Los Calatos is only for the feasibility studies over 3 to 4 years and doesnt pay for any pre-production works. Definitely bottom drawer time for at least 2 years.
Ann: Funding of up to US$45 million for Los Calatos-MNC.AX, page-19
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