End of last quarter they had almost $2m but they have 60 mil options due at end of July so it could be that they will need some sort of a result from those to keep going.
With that in mind you'd think that something ... ANYTHING ... has to happen soon to make them look worthwhile because they certainly don't at the moment.
I think the company is in a very delicately balanced state at present and if they can't come up with something in the next two weeks (such as likely big nickel deposit at Clinker Hill) they are in deep trouble.
I am holding but was able to trade myself into a free carry during the last spike so am relaxed about the situation but I imagine there is a bit of tension and it's building.
In two weeks things could be near bursting point.
Good luck to all and DYOR
End of last quarter they had almost $2m but they have 60 mil...
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