Little doubt they’ll need to raise cash, but it would appear they have enough for another round (after current one] of drilling.
Don’t forget they have to make staged payments to RMB for these leases, less what they can get for the Chile assets.
Several points are in little doubt.
This is elephant country, and they have several basically untouched high impact prospects to look at outside of the Minaflores resources
Appears to be enough cash for another round of drilling.
Minimum 12 months hold IMO.
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