RE: Cora - Vox12 Apr 2018 19:54
The only question for me is how far they get before they run out of funds. I asked Cora this a few weeks ago and got this response from Jon. "The programmes are currently focusing at the exploration end of the mining sector, and as such it is premature to be considering definition of resources and undertaking pre, or feasibility studies. As such, we are well funded to take us through the programme , which if successful, will enable us to take a decision as to whether the Company has sufficient exploration data to justify a further programme that could lead to resource definition. Even then, once a resource is outlined, the engineering studies to outline a mining project will take further time. Each of these steps requires additional capital."