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From another Forum -- Finskiy injected another $1.5 cash (via warrants)
That`s $2.0 million in total now (injected recently).
Cash to help us bridge the gap, as we expected would be both required and supported by Finskiy. Good to see that Finskiy is following through with the support. I think the cash injection is likely going towards positive initiatives. Per the Union Securities document, Century was attempting to pay down a decent chunk of the Accounts Payables at the end of June. Century will likely carry an A/P balance of $8 million in Current Liabilities on an ongoing basis (regardless of cash balance in bank) - there are normally no interest/fee payments maid on A/P amounts if the invoices are paid within the allowable windows (and not in outstanding buckets). Keeping an A/P balance on the books is very typical of most companies. The A/P balance carried is normally based on the size of the company and monthly positive cash flow of the company and perhaps the balance is also based on the size of the Accounts Receivables balance (i.e. a larger mining company may carry, say, $20 million in A/P at any given time). The A/P and the A/R amounts normally cancel themselves from a working capital perspective.
In addition, the Finskiy cash injection is likely also going towards early development work being done with the initiative of drifting over to the North Wall zone (likely via the Bedard Dyke portal).