We have $510,ooo + extra $236,781 Cash in Bank (due to receipts of options being converted - refer to Sugadante's post 8050348)... so that leaves us with $746,781 Cash in Bank.
Administration cost last quarter was $220,000 Explortaion & Evaluation cost was $449,000
Let say...the only expenditure this quarter is Admin Cost + Evaluation Cost (DFS)...Is it possible for us to conserve money this quarter and last till Off-take/finance after the DFS is released without a CR?
Keep in mind that evaluation cost could possibly be a lot less than the $449,000 if no other explorations or analysis take place other than the remaining last bit of the DFS report.
Just a thought... All IMO Kiddo
THR Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
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