RE:RE:CashThe exercise of warrants by Aura International and recent exercise of insiders plus cash position according to last financial report only puts the cash position at about 600K. However the key thing to note is that the PEA will be released within the next 3 weeks and the company's intent is to sell their Condor project shortly thereafter which should put them in a massive cash position. This will allow them to quickly advance their other 2 projects..... and lets not forget the Chinese JV is fully financing the other project (don't remember off hand and don't have time to look it up right now) which I believe is also coming on line by year end and EGX has 30% of that project which should give them a nice income stream.
Later,
Sizzin