There is another CR coming in the next few months is what I am reading as they have overspent by double on administration costs.... cash bonuses being handed out that weren't foreseen doesn't read well IMO.
They've spent 85% of the Admin and working capital budget over the period and only expended 14% of the exploration budget.....
Notwithstanding, the SP is heading in the right direction for the moment - if it hits $2.5 I think we will see a proposed CR.
Ann: Update Announcement Revised Use of Funds, page-13
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