Yes without the last capital raise and the $6m bought in from options our cash position would have been $27m at the end of the quarter in an environment of continuously falling concentrate prices and a reduced production guidance, that would have required a raise now to strengthen the balance sheet...painfull as it was at the time we dodged a bullet, solvency is the BODs primary responsibilty...
Cheers Whisky
Yes without the last capital raise and the $6m bought in from...
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