It appears to me that VIT wil now have adequate capital available to carry them through 2nd H 2011.
| Preliminary Time line for Budgeted Expenses |
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2009H1 |
2009H2 |
2010H1 |
2010H2 |
2011H1 |
2011H2 |
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| Cove |
$ 500 |
$ 750 |
$ 1,500 |
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| Dublin Gulch |
$ 500 |
$ 1,000 |
$ 250 |
$ 750 |
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| Tassawini |
$ 150 |
$ 350 |
$ 150 |
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| Relief Canyon |
$ - |
$ 350 |
$ 750 |
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| Big Springs |
$ 50 |
$ 75 |
$ 750 |
$ 500 |
$ 1,500 |
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| Santa Fe |
$ - |
$ 650 |
$ 500 |
$ 500 |
$ 500 |
$ 500 |
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| Quarterly Total |
$ 1,200 |
$ 3,175 |
$ 3,900 |
$ 1,750 |
$ 2,000 |
$ 500 |
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| Budget Total |
$ 12,525 |
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| Cash Available |
$ 15,100 |
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| If production targets are met, some of the budgeted totals will be funded from actual production. |
