EXPM:HRTFF - Post by User
Post by
justrelax2on Jul 21, 2020 9:48pm
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Post# 31299636
The March flow thru
The March flow thru
Yes, it sure looks confusing...March 19 we close on $ 27 million to be used for " continued " development ...to imply not for past development...We shut down a couple weeks later and owed Redpath for services until the end of March...Redpath crews were both mining and developing...so yes, what has become of that " Development " money...the 40 million or so we just got was for " Mine Restart "..and I suppose new company owned or leased capital equipment for mining, stoping, hauling etc...by coincidence the 4 month " Hold " period on those flow thru shares came free yesterday or today....maybe accounting for the larger trading activity...just a minefield to try to keep track of....hope the new accountant at the helm knows his stuff !