thank and reasonable amount. i estimate they have about 1m add the 2m which makes 3m which equals 7.5 months cash burn going on most recent quarterlies ,,by which stage the Kupolu JORC will be known (mid '08) plus some midwest iron drill results at the 300mt prospect plus proceeds for the sale of Norseman.
A lot of upside here and the pieces are simultaneaously falling into positive alignment not forgetting the commodity bulls of the present - copper & iron ore.
MWE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held