At what point does a company decide to take professional advice in relation to its financial position? As a Director I would be very concerned knowing I have $257k in the bank and around $4mill expenditure for the next quarter,of course this is subject to gold production and sales.There is a lot more cash going out than coming in!! The company's history of raising funds as when required is looking shakey at the moment IMHO.I really hope these negotiations with interested investors are finalised within the next month.Perhaps they should be employing the services of professionals in the capital raising / deal making field just as that cloncurry based copper miner has / did.
DYOR My thoughts and ramblings only
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