What's the cost of exploration per quarter? (It's in the report)
Now multiply that cost x 4......how many quarters until those funds are exhausted?
Either exploration will reduce significantly or there will be a CR coming within the next 12 months....or alternative is CNB goes bankrupt.
My guess is they wont wait to see how things play out on the world economic stage and will raise earlier rather than later.
Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-21
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