SGZ 0.00% 0.8¢ scotgold resources limited

Thanks for helping to keep us ahead of the game down here in Oz...

  1. 661 Posts.
    Thanks for helping to keep us ahead of the game down here in Oz Octo! Was waiting and for such an announcement.

    So they have about $1 mill on hand, $1 mill coming from the gov and $23 mill from the bank (and possibly some from shareholders)

    They only have $337,411 in TOTAL liabilities.

    There are 161,304,411 ordinary shares on issue.

    All told, the influx of cash should add about 7-8 cents in value in the near term as they ramp up to production in the next 12 months.

    We also have updated and new assay results to look forward too.
 
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