NWC 5.00% 2.1¢ new world resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-31

  1. 708 Posts.
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    We had 5.5m in the bank as per the last quarterly.

    This scoping study is petty close to a PFS, so maybe we don't need a cap raise.

    Expense in the last quarter for drilling and assays was $2.16m. Not happening this quarter

    Admin, subcontractor costs about 600k. Reasonable

    Drilling has stopped, which reduces costs per quarter very significantly.

    CR some way off in my view whilst permitting, BLM permit for Roadrunner gets organised, mine design etc improved etc. Cant see us burning 2.5m this next quarter.

    Happy to be corrected
 
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