OTCQX:NTTHF - Post by User
Comment by
Papino0on Aug 27, 2020 3:28pm
84 Views
Post# 31464437
RE:RE:4 Questions
RE:RE:4 QuestionsFrom:
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00036348&issuerType=03&projectNo=03104296&docId=4787993 -Currently, the Company is focused on its final feasibility study as well as securing financing for its 3Q Project. There has been significant progress over the past two quarters, however the current worldwide COVID-19 pandemic has slowed progress over the past quarter. Even though the Province of Catamarca, where the 3Q Project is located, has only one confirmed case of COVID-19, the macro and country environment due to the current COVID-19 pandemic has slowed the progress of the development of the 3Q Project. The final feasibility work has continued through our group of incountry and in-province workforce as well as our out of country consultants albeit at a slower than usual pace. We believe that our progress has not been materially impacted far and we are optimistic that our progress will continue to move forward both on technical and financing side.
-The Company had cash resources of $29,018,933 and its net working capital was $28,131,566.
-The current liabilities include accounts payable of $1,004,374 primarily related to on-going services at the 3Q Project