They wont have 40m in the bank by 2022.
-$10m for the recent acquisition
-$4m for expenses (if i recall this is the "capital constrained" cost per annum).
-$? gold drilling
-$? most extensive drilling program ever for the company
-$? new hires and scaling up costs
-$? cost of getting the project over the line
I'd be surprised if they have $5-10m in the bank the time construction rolls around. Someone more familiar with the numbers will correct them but -/+ 20% is probably right.
Demand versus Supply, page-25
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Last
10.3¢ |
Change
0.015(16.5%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 10.5¢ | 8.8¢ | $2.816M | 28.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1315169 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 5112651 | 85 |
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