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Message: evg

Re: evg

in response to by
posted on Nov 19, 2009 04:49PM

As far as enough cash,there always seems a need so I would never say yes they have enough.They have enough to finish the drilling necessary to get the final feasibility done as far as I can understand.The fundamentals are based on all the infrastructure already being there because of Xstrata.Can't remember if it was Peter or not but someone did the old back of a napkin calculation based on what they had so far and easily had the stock valued at $1 becasue start up costs were so low.

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