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.
They wont have 40m in the bank by 2022.-$10m for the recent...
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Mkt cap ! $257.1M | |||
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