RE: How much cash do they have left10 Nov 2022 12:27
No harm done in repeating the figures from page 25 (originally posted when GROC published its own presentation).
Revenue generated by Amitsoq conceptual annual production:
9,000-12,000t at recent sale price of 1,100 euros/t = 9.9m-13.2m euros;
51,000-68,000 at recent sale price of 10,000 euros/t = 510m-680m euros
Total = 519.9m-693.2m euros
At 1.14 = £456m-608m