Scorp75,, $616k in the bank as of 30/6/2012, average quarterly spend $320k,. Therefore, by the end of Sept quarter PRE/RCF will have less than $300k. No XMAS presents.
You state:
"I believe we are undervalued by approx 5c. Don't be surprised if you see this trading in the teens and higher in the next 6-12 months. Lots happening behind the scenes.With Gold strengthening it will only add more fire."
PRE/RCF days are numbered unless you raise capital, I can't see where teens and higher will come from.
GLTA
RCF Price at posting:
5.6¢ Sentiment: None Disclosure: Not Held