Just reading the investor presentation from last year. It indicates that the Mt. Carbine project outline includes Capital requirements of $55 million dollars. That's a lot of CR right there!
Can anyone tell me how this project is going to come to fruition? The diversity of projects also means the available funds need to be spread thinly over the range of projects to keep them moving forward.
Okay - the announcement in the coming week of the acquisition of the quarry may provide a short term spike in the SP but how will the SP be sustained if we need a boost in capital?
SEI Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held