'Its got to be a lot, 5 drills, helicopter, camp crew, planes. When will they have to return to the market for another financing?'
That is a very leading question. Would you not say that the above list you outlined is quite impressive for a jr miner at this stage of development. We just finished a PP and now have monies in the bank for resource development and possible M&A. The burn rate will be proportional to the planned resource development. For now it is all drills on nickel. Over the past year we have greatly decreased the prior burn rates NOT has become far more efficient as far as expenditure dollars are spent.
Not sure what amount you had in mind 'Its got to be a lot'?
Regards Jay