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Minera IRL Limited T.IRL



TSX:IRL - Post by User

Comment by EdgarLon Mar 12, 2015 3:34pm
189 Views
Post# 23515241

RE:didnt the cash run out just when Chamberlain got ill???

RE:didnt the cash run out just when Chamberlain got ill???The cash hasn't run out.  They still have cash flow and as if financing isn't announced over the next couple weeks, they have several options to keep the cash going.  One isn't pleasant in that it has to do with reducing expenses for health care, education programs, and development programs in the community of Ollachea.  That's their biggest expense right not but they can reduce these if need be.  Hopefully that won't be necessary.  As another option, Macquarrie is still there backing Minera IRL.
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