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3.7¢ rafaella resources ltd.

A cornerstone coming?;)

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bevter

25,463 Posts.

1195

26/03/21

13:05

Post #: 52065034
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Originally posted by Christos12 ↑

Maybe.
Please feel free to correct me if I wrong.
I was of the opinion that the company had c.$1m cash and was spending on drilling at SC, surveys and drilling in Canada.
Additionally, refurbing the underground sections at SC to restart mining.
Now we are dismantling the process plant and installing modular equipment.
the mining is contracted but that surely requires working capital.
didn't the PFS state a Capex number?

I don't understand how all this work is being funded. Maybe alot of it is cheaper than I think.

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A cornerstone coming?

RFR Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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