RE:TREMBLAY INTERVIEW BEFORE THE DRILL PROGRAM [IRR UP TO 30%] First post on this board
Bought yesterday 20.000
I know, after a +20% within the last week, probably it won't be the best timing, but I wanted to be in before the new pea. Anyway, price was 0,37, I gave limit 0,375. It took several minutes to get filled
My only problem is the classic explorers problem
From the quarterly reports
cash and cash equivalent
30/9/2016: 4,800,000
31/3/2017: 3,000,000
30/9/2017: 900,000
december PP: 800,000
= 1,700,000
Cash burning rate, now that pea is completed? I don't know
Expenses 6 months ended September 30/2017: 2,500,000
Even if I take out the 1,300,000 pea related exploration costs, it's 1,200,000 for 6 months
Long