According to the presentation the cash at hand as at 30 June was $3.1M. Burn rate suggested in the June quarterly cashflow report for the September quarter was $1.3M. So at this rate, there would be less than a million by the end of the calendar year and a $6M payment due in 2015 (?). Just wondering what people think the most likely solution is going to be. Are there any more drilling results expected?
Ann: RIU Melbourne Resources Round-Up - Presentation, page-3
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