RE:RE:Potential SalePala is mostly scalling back on funds because they are negotiating / have negotiated the sale of their shares. Someone else wants this mine. There is only 737 000 USD cash in the bank as of year end... there would be far more cash in the bank if they (Pala, Mercuria and Solway) 83% of current owners were staying in part or in full. As per Feb PR, Pala is the only one footing the bill. And they will do so until the transaction is complete (which would mean the mine is on idle with little to no production going on).
I wouldn't count on the 1st quarter Financials for any guidance. The sale transaction is the top priority.