KMN 4.00% 12.0¢ kings minerals nl

the need to raise capital, page-2

  1. 447 Posts.
    Opportunist, to find current cash standing you just have to go to your on line brokers site and search for the companies latest announcements. Or, go to the ASX site and do the same. Or, go to the companies website and find the last quarterly.

    Last quarter they spent 2.8m and have 8.6m in cash. They expect to spend another 3m next quarter which will leave them with 5.6m. So, probably a capital raising after that, or if the FS from SdG is positive, maybe a large raising to go to full BFS and development.

    To find out how much they specifically have for San Anton, you should look up SNN on the TSX, or Google it to find the company web site and do the same.

 
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