Actually that is not correct, cash position is $2.571 million but this does not include the royalty payment of $735,000 which was due to be paid in August.
Barrick Gold and Rangold Resources merged in the first quarter of 2019 to form Barrick, who now pays the Royalty to the Company. Barrick finished mining the Viper deposit and this completes all mining activities on Mali Lithium tenements. The final Royalty payment for gold mined to June 2019 is estimated to be $A735,000 and is expected to be paid in August 2019.
