@R08
With the CN retired, and with $3M odd in the bank, the company has demonstrated they can get cash via licensing.
Current cash burn rate has been dialled right down. With the majority of the development work completed, and with COVID restricting movement in Namibia, it means drilling in the near term is low on the agenda. Should mean cash burn rate is low in the forseable future.
What are your thoughts around future licensing deals and the potential to fund the ongoing costs of the business going forward via licensing?
Ann: Strategic Collaboration with Cornish Lithium Ltd, page-290
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