If 2019 drill program is funded then im not overly concerned.
$0.45m options to be converted 06/19
DGO and KLA have options expiring in Nov 2019 worth $10m @$0.20 @ $0.25
If the resource is growing Im assuming they will convert.
Would/could this be brought forward for Indee payment? If not means 2020 drilling program funded.
If we spent around $15m on drilling in 2018 and 2019 plus $13m on Indee I'm hoping we will be close to 2.5m-3m oz if finding around $10-15 oz by end of 2019.
MC around $120-$150m @ 30-40c a share.
Now if Novo produce the goods with the conglomerates in 2019 and gold continues to rise financing may not be an issue.
KLA looking for opportunities for royalty income streams amongst other institutions.
If they are requiring a cr around 10c in June sign me up.
If 2019 drill program is funded then im not overly concerned....
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