GREY:PGDIF - Post by User
Comment by
shnepson Oct 29, 2016 11:14am
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Post# 25401729
RE:RE:RE:RE:Prediction
RE:RE:RE:RE:PredictionCudjo, as I stated it is not a wnter program entirely. Bulk sampling is budgeted at $9.6 mil, with $5 mil in the bank that leaves a $5mil financing required for the "winter" program.
And always remember. Quote "Due to continuing negative conditions in the capital markets, opportunities to generate financing with acceptable terms for Peregrine at this time are limited. The scale of future programs will be modified accordingly and at all times will ensure that security of property tenure is a priority." Last line of the MD &A.