ouch:
Mining Concession = Timeline: estimated 3-6 months after DIAaward
Construction Permits = Timeline: estimated 6-12 months afterDIA award
so....DIA (hope by year end?), mining concession + 6mths (mid 2019 - possibly longer given history) + 12 months Construction permits = mid 2020.
F_K me. mid 2020 + 3 years to construction = mid 2023 mining at best.
4-5 years of cash burn @ $2m per qtr = $8m per year......
we'll need capital.
Ann: Corporate Presentation - October 2018, page-6
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