it was a good presentation, validated everything we have been talking about. i think people will see the cash position at $2m and think that they will wait until a cap raise has been completed, im not sure when this will happen but i wouldnt have thought too far away.
any guess as to how much brian would want to raise? he seems to like raising approx $4m - $5m which you would think would take us toward the end of the year and also cover the first initial drilling of Ciego De Avila
by that point a settlement may have been reached and cash might no longer be an issue.. add that in with some encouraging results from Ciego De Avila and you would think we'd be a few multiples of our market cap right now.
also if Ciego De Avila were to eventuate at even half the size that its being anticipated (say 250mt), even at a rough guess wouldn't the NVP of it be > 10 x higher than the current NVP of La Demajagua? food for thought
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50 | 71049869 | 0.002 |
13 | 30709950 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.005 | 18107556 | 12 |
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