Cash 55$m Sept 30Less: Drill: Oct, Nov, Dec 5000m x 4.33 weeks x 300$ x 3 = -19.5m
Admin: 1.2$m /mo x 3 mo = -3.60m
Survey: -8 m
Dec 31 cash assuming survey done and paid in 2022 24m
Jan 31 cash 16m
Feb 28 cash 8m
Mar 31 cash 0m
Keep in mind they have rolling payables of $8m at any time and it takes 1 month to do a financing if its not atm and they burn $8m per month also oi.
Will ES participate? If he puts $1 in then Im outta here.
Send him a petition.
Cliff Beaner