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Guyana Goldfields Inc New GUYFF

Metals & Mining Gold


GREY:GUYFF - Post by User

Guyana Goldfields Inc New > guy
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Comment by cheerio7on Jul 28, 2019 1:08pm
171 Views
Post# 29968233

RE:RE:guy

RE:RE:guy

Some funding measure may be taken as per following:

Balance Sheet

The Company's balance sheet remains strong with an unaudited cash balance of approximately US$38.9 million at June 30, 2019 and no outstanding debt. Management believes the Company has sufficient cashflow to fund its working capital and underground capex requirements, however, the Company is reviewing various debt facility alternatives to provide operational flexibility and mitigate risk of any potential cost overruns related to the underground development.


Read more at https://stockhouse.com/news/press-releases/2019/07/11/guyana-goldfields-inc-announces-second-quarter-2019-operating-results-on-track#pEmSAobwxFMOuyhx.99
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