re: Ann: Investor Presentation - Melbourne Mi... I went to the presentation at the Melbourne Town Hall last night. Impressive explanation of what they have in Turkey and what they might have based on similar deposits around the world. This will be a great company over time.
Resource estimate (his words - he didn't say JORC) out in the next 3/4 weeks.
BUT down do about $6m cash and burning at the rate of 750,000 a month. So only 8 months cash left.
A second resource estimate will be issued late in the year which will be double the 1st estimate because of lot's more drilling results being included.
Expect a good resource estimate soon followed by an issue or maybe both at the same time. Anyone have an idea about which they might go for?
re: Ann: Investor Presentation - Melbourne Mi... I went to the...
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