Don't forget that during the last capital raising, money was already raised for Mount Monger development.
I think it was 24m out of the 39m raised which will be for Mt Monger development, 12m for Murchinson shutdown and the rest for working capital. Lastly, they also had 18m cash in hand as of december.
In short, Money has been set aside for all short-medium term needs. Main question now is how much profit?
My expectations : costs to go up (due to lower grade stockpiles) but will be offset by ounces produced. Company will show capability to generate decent profits on Mt Monger.
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Don't forget that during the last capital raising, money was...
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