CHZ 4.17% 12.5¢ chesser resources limited

robre: How long with cash-on-hand last? only recently (mid year)...

  1. 4,975 Posts.
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    rob

    re: How long with cash-on-hand last?
    only recently (mid year) started a 30,000m (phase3?) diamond and RC drilling program designed to get a maiden jorc (for Kestanelik) out before the end of the year. they have plenty of cash on hand $9-10m, having completed a raising in Aug/Sep

    re: What then? Equity raising? If so, how much is needed to further the project? What's the timeline to production? What Govt regulatory approvals are needed to mine Gold in Turkey?
    they don't yet have a maiden jorc, there's a long way to go for all of that stuff
 
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