RNS Sept 2021...6 Sep 2024 08:52
Ok theofficecat
Simple question to you, shouldn't be too much trouble for you to do the research.
This is a 'good' RNS from 2021
EURASIA MINING PLC
("Eurasia" or "the Company")
Completion of US$15m financing for Rosgeo JV
24 September 2021
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that the financing released via RNS on 20 September 2021 was successfully completed on the previously announced terms.
Summary Highlights:
....
· The Directors have reduced the financing size to approximately $15m from the higher amount offered to Eurasia
· The cash balance of Eurasia now is about $35m with no debt
· The financial position of the Company is sufficient to accomplish its commitments in relation to Rosgeo JV, where a JORC resource by Wardell Armstrong is to be announced shortly
...blah..blah
5 months after that - the war started.
We had $35,000,000 (million), cash, in the bank.
================================
Simple question, where have we spent $35m in those 3 years, 2 years and 7 months of which have been largely dormant due to the war?
Take your time, nothing else is happening?