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Gold Asset, page-26

  1. 978 Posts.
    lightbulb Created with Sketch. 50
    Because there are buyers lined up for it, somewhere between 3M and 6M.

    So.... Looking back at the quarterlies, add that kind of figure to cash balance and things look a little more rosy.

    When you're market cap and cash reserves are this low, that kind of injection will have a significant impact on the SP.

    I personally am a little worried we won't get the mine as this is the second time they've let the renewal lapse, their claim was contested last time and they succeeded but we might not be viewed so favourably the second time around.

    Make no mistake, this tenement is in demand.
 
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