Just listened to the interview, but I can't see how the numbers stack up. Hamish says by the end of the issue they will have $27m which will finance the current study as well as the BFS but by end of 2011 will still have around $8 to $10 in the bank.
That leaves around $17 to complete the BFS and carry out extensive diamond drilling next year and its just not possible to do all that with $17m in my view.
If anyone else has listened to the interview I would certainly like your reading of it.
cheers
we have to look forward, page-29
Add CRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $18.04K | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1802150 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1425947 | 5 |
View Market Depth
| Last trade - 15.27pm 13/09/2024 (20 minute delay) ? |
| CRI (ASX) Chart |