GREY:GIXEF - Post by User
Post by
letternon Dec 10, 2012 6:13pm
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Post# 21395155
taking a look
taking a look hello all,
kinda kicking the tires right now and have done very well in TMM (also in mexico and another Grandich company). So let me get this straight, management has delayed the prefeasability study to incorporate a re-newed mine life plan that will hopefully enhance the project's economics etc. correct? Working capital is what approx. 2 million (or less) and cash burn rate is what? essentially how long is the cash going to last? There seems to be some chatter on the board about keeping dilution to a minimum and funding cap ex through JV or asset stream- how realistic is this in your view. I also read that surface right have to be still negotiated - is this a project breaker?
any other comments would be appreciated
lettern