CVS
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0.00% 0.4¢ cervantes corporation limited

CVS raising, page-6

  1. MeToo
    3,857 Posts.
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    23/04/18
    12:52
    Post #: 32627665
    Hi trumpy, CVS has mentioned all up, from memory, about 110 holes. The cash they have will not last long.

    After paying EUR, adding in Q3 and Q4 spend, (based on Q1 and Q2 spend) there won’t be much left for drilling and other exploration costs.

    The March quarterly will be worth reading to get a feel for how much of a drilling program can be done and when the next CR might be.
    CVS Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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