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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Post by greenandgoldon Jul 15, 2011 3:39pm
469 Views
Post# 18836975

Cash Position post-financing

Cash Position post-financingIf they finance for the full $48 million (which I expect given how much institutions respect Sandstorm) then the cash position will be around $36 million after Aug. 3rd (with $10 million of that $36 million committed to Thunderbird in 2012).

So roughly $26 million free for another big acquisition and working capital.
 
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