KRR king river resources limited

Ann: Mt Remarkable Gold Project Update, page-7

  1. 2,558 Posts.
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    Enough to get past the PFS .........AND do the Drilling that has been announced.

    During the next wet season very little funds should be required so the real requirement for extra funds will not be until a decision to go to a DFS or a BFS [ Bankable Feasibility Study ] is made.

    Around about then the Options expiry would soon be coming up and I doubt the SP will not be above the 12c strike price!

    Either way Funds are adequate until probably after 1st quarter 2020.

    Yak52

 
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