Liberty Star Uranium & Metals Corp.

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Message: Re: Cart, horse
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Jan 23, 2014 01:12PM
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Jan 23, 2014 02:09PM

Deals can be structued in such a way that funds are contingent on milestones. E.g., if the phase 1/year 1 drilling shows x,y,z, then funds are made available for the next phase. Basically, the $6.1M would be the only capital lost if it turned out there was nothing very compelling coming out of those 67K feet of drill cores.


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GP1
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