GREY:WFEMF - Post by User
Comment by
kilgoron Oct 03, 2014 5:33pm
278 Views
Post# 22997734
RE:RE:RE:RE:RE:RE:RE:And now....
RE:RE:RE:RE:RE:RE:RE:And now.... yes Chizzles.......... 12 months.... it was a typo on my part... but according to the public NR on March 10, 2014 re. "Woulfe Mining closes $4 million debenture offering"...
"The Company intends to use the net proceeds of the Offering to commence the proposed $6 million work program on the Sangdong project as previously announced on October 28, 2013 and to fund the Company’s working capital deficit and budgeted general and administrative costs for 2014."
The above statement implies the 12 month work had not started in March 2014, hence it should be tentatively completed sometime after Mar 2015.