Considering where they, I doubt they’ll need to raise more funds until the Dec quarter.
$7.7 million last quarter
$6.3 million this quarter
A lot of the big costs associated with getting a project like this to the start line are now complete, it’s more a process of putting it together and submitting all this data to relevant parties.
I’m guessing but current quarter expenditure would look something like the below
$100,000 on tailings design
$400,000 environment and water
$150,000 mine planning
$80,000 rents
$170,000 executive pay
$100,000 other
$1,000,000 total for current quarter
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
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caravel minerals limited
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Considering where they, I doubt they’ll need to raise more funds...
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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