BRB 0.00% 47.5¢ breaker resources nl

Ann: Quarterly Cashflow Report, page-3

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  1. 274 Posts.
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    Yeah CR is required... they may wait until after resource update in June. Spending will reduce as drilling is suspended and they may be able to stretch until after the PFS but that is six month or so away so they will be quite low. Hopefully the resource update is positive and we can minimise the dilution from the next raise. The impact of dilution from multiple capital raisings should be considered in any SP valuation forecasts.

    I'm looking for another million ounces and an upgrade toward 2 g/t would be great.



 
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