Cash burn July-end October 2011 approx.
$20 million. Cash on hand: $10 million.
Is that going to be enough to tunnel down
to Lower Llanberis Mako? Even if it does,
CGT will be undercapitalized, needing -
as other posters have pointed out today -
to rattle the collection tin.
As Gene Pitney, used to sing,
"True love never runs smooth", and seldom
it seems does the transition to gold
production.
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