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18/04/18
15:52
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Originally posted by bastowmichael
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Looking forward to seeing the DFS, perhaps they should postpone it until the end of August! I feel as if they would be waiting for something to happen after the DFS( my assumption being a takeover with this one) if it gets released in June it could very well be until the end of the year until anything happens, but who knows. I just would hate to see this company In limbo for months after if they don't want to go ahead with production or struggle to raise funds to push producing. Using valuable drill cash during a waiting period if (my assumption is right of course) there intentions are to not take it into production could be a bit of a worry.
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The March quarterly will give an indication of cash remaining. The market is perhaps concerned with near term capital raising.