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0.2¢ green rock energy limited

Thanks Jack. So, $1.4M at bank, ~$250K / qtr spend plus (if they...

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KDoc

1,050 Posts.

17/09/14

11:53

Post #: 13987029
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Originally posted by Jack_a_Hearts ↑

KDoc,

Just to clarify the details in your post.

You are correct in saying that GRK had $801k at the end of June 2014 and their estimated spend was $250k.

However, since the June Quarterly, they have placed more shares through Fosters to raise $639k on the 23/7/14.

The Copulos Group were able to get $250k of that placement stock.

Hence my earlier post (Friday) that there is a link between Fosters and Copulos, possibly in an advisory capacity.

Hope that helps answer your query.

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Thanks Jack.

So, $1.4M at bank, ~$250K / qtr spend plus (if they take up the option) min $500K to spend over next 12 months on tenement exploration.

2.1B issued, ~1B listed options (may or may not be hit) plus if they take up the tenement option, another ~200M to be issued and another ~$1M to be spent ($250K + $250K + $500K - or equiv. eq.) over say a 12mth period.

Thanks for the confirmation.

GRK Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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