Using last quarterly's staff/admin cost, subtracting the departed MD's salary (the new technical director would be more or less same renumeration as the exiting one), 220k more would be spent to get the company into 2019. My assumption was also with 3 companies' worth of drilling this coming quarter, and even that scenario leaves 800k for 2019. If 'only' the 2nd and 3rd drill program happen it should leave around $1.2M come January.
Ann: MetalsTech Commences Diamond Drilling at Rusty Lake, page-62
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Last
13.5¢ |
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Mkt cap ! $28.17M | |||
| Open | High | Low | Value | Volume |
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| MTC (ASX) Chart |