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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Message: Re: Noront's $ burn rate (A-1)
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Noront's $ burn rate
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axeman
Oct 24, 2009 01:47PM
Re: Noront's $ burn rate
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Gerwin
Oct 24, 2009 02:16PM
Re: Noront's $ burn rate
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Sudbury Novice
Oct 24, 2009 02:16PM
Re: Noront's $ burn rate (A-1)
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packsackman
Oct 24, 2009 03:51PM

Their burn rate is calculated in the documents from the agm.
They state how much money is left at the end of this year.

This should give you a clear indication. Just take some time to read it.

updated to make it more easier for people that dont want to search;

Working Capital (MM’s)
Opening Balance (July 31/09) $ 15.4
Financing, net of fees $ 23.7
Remaining Budget (Aug 09-Jan 10) $ (12.6)
Forecast Closing Balance (Jan 10) $ 26.5

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Icon president Re: Noront's $ burn rate (A-1) - packsackman
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FANTOMAS
Oct 24, 2009 04:18PM
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diamondj
Oct 24, 2009 04:31PM
Icon president Re: Noront's $ burn rate - diamondj
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FANTOMAS
Oct 24, 2009 04:49PM
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Roodepoort
Oct 25, 2009 05:15AM
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