Guys I reduced my holding today for a fair loss. I have spent...

Guys I reduced my holding today for a fair loss. I have spent the last few days looking at reports and projecting monthly cost and revenue estimates. While there are a lot of assumptions I tend to play it on the conservative side. Previous posts indicate some of the inputs I have used. I think they will run out of cash at the end of September, even at current gold prices. As time goes by they will have to spend more money on mine development if they want to increase the grade through the mill (I.e there is only so long that old stockpiles can be processed). they have given this quarter's projected costs so have a look at the revenue profile based on ramp up and 70% entitlement. I have kept a small holding because I gather there may be some positive news on the drill results front (if they ever get processed). Guys please dyor, for me I think they will be tapping the market for a while longer.