Not a bad report.
Have $2,2m cash and expect to receive a distribution of $1.1m from the bankruptcy proceedings and still owed the ~$2.5m for the ore which is payable next quarter. So on spend of $1.8m per quarter (assuming they maintain current drilling and exploration and staff/admin costs from this quarter) they could still have a forecast cash balance of ~$3.9m at end of the quarter plus another (fingers crossed) positive update on resource estimates.
Just keep ticking along the milestones and we should see things improve.
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Not a bad report.Have $2,2m cash and expect to receive a...
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