Cash on hand Cash on hand at 9/30/12 of $37 million. We're going to ignore all receivables and other potential sources of working capital (i.e. investments).
$7 million is due to TBD sometime in 2013.
$15 million is payable to Colossus (SSL, actually) in a years time.
$7 million is being invested in Black Paw Coal (the new NDX).
$9 million is being advanced to Donner ($2 million in the forming of a revolving credit facility, $7 million in increasing our % of ownership in the stream).
Thus total outflows over the next year are $39 million.
Sooooooooooooooooooooooooooooo, any new deals will have to be financed with existing cash flows, or a placement.
Nolan says (here: https://www.internationalresourcejournal.com/E-MAG/2012/Nov/IRJ.php) that in the next 24 months he has plans for more deals involving copper, zinc, lead, and oil and gas. No more coal, thankfully :)
Cross our fingers and hope for the warrants not to be exercised... then for our price to rip through $0.70 in the new year.