Western Copper and Gold Corp T.WRN

Cash at the end of the day ?

[Marine2]

Anyone like to guess at how much money WRN has in the till after all said and done ?

 

Must be close to $90 mill CDN ?

 

  $45,999,999.40, including the full exercise of the over-allotment option.

 

+Rio Tinto  $4,311,993.

M2

[Pinegrove1]

90 million in the bank at 5% is $4.5 million per year interest.  That will cover salaries & office & hopefully a whole lot more.  

[Sooner]

I think it will be more like $75M ($25M they had + $45M + $5M Rio top off)  --- but yes...they will be smart enough to at least draw some return on that and not let it all just collect dust in bank at 0.000001% interest. I still think it's too much $$$....and wish if they only wanted to raise $30M to get to about $50M total cash...they'd use the other $25M to drive up market cap