Game Plan on SpendingWhat is the move forward plan for lomiko with the 5 million in the bank. Has there been a release as to how the money received will be spent ?????
It would be great to see a pie chart of money in the ground, money for R @D , money for IR, money to sub contract Gill,s company AJS management and the burn rate of moving forward with opex.
The reason why I ask this is because , I do recall that to get this asset going all it required was 4-5m and now that they have that kind of cash what is the game plan for the next 12 months on how the funds will be used?