Agoracom: Small Cap Investment - Noront Resources

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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cash on hand

cavedude

Oct 08, 2008 04:49PM

storm5151

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Re: cash on hand

in response to

cash on hand

cavedude

posted on Oct 08, 2008 05:00PM

32m cash on hand

burn rate all in is 4m per moth, ROF only is 3M a month

the agm package suggests 10-12 months cash on hand so I suspect they are discounting everything else other then the rof which leads me to believe that windfall is history.

There is something going on behind the scenes and it involves splitting off windfall in my opinion

storm

2 Recommendations

Re: cash on hand

Sum4All

Oct 08, 2008 05:48PM

Re: cash on hand

storm5151

Oct 08, 2008 05:50PM

Re: cash on hand - storm

Old Joe

Oct 08, 2008 06:01PM