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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Last
9.1¢ |
Change
-0.004(4.21%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.1¢ | $1.293M | 13.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 692987 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 165000 | 1 |
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| CXO (ASX) Chart |