4.9 quarters funds available at 1st quarter expenditure, and this:
“In parallel with our ongoing exploration activities, we are also progressing a near-term mining options study which is based on the concept of developing and mining several near surface deposits which account for a relatively small proportion of our overall resource inventory. This would enable us to monetise a portion of our asset base to support the ongoing exploration effort, particularly in the Eastern Corridor. We look forward to reporting further updates on these initiatives in the June Quarter.”
… should be quite some time before another capital raising
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- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-2
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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