Glad you also spotted that.
There was a typo in that presentation at RIU where they said cash of $1.1Mn.
They copied and pasted it from an old presentation.
When that came out that was when that big dump happened, someone obviously thought they had overspent.
This report confirms they actually have around $1.6/1.7M in the bank
Like you said enough money for 12 months alright and keep costs very contained.
Pleasant surprise for some here hopefully.
70% or so funds spent were in ground too!
Ann: Half Yearly Report and Accounts, page-4
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