RMP 15.4% 1.1¢ red emperor resources nl

Validating ~$11M MC NOW

  1. 3,202 Posts.
    lightbulb Created with Sketch. 39
    When RMP was last at 2 cents before getting involved in WINX the MC was $10M with more than that in cash on hand.

    With possibly limited cash left after probable drilling and continued testing overruns and Winx being a duster how can $11M MC be validated right now?

    How much cash would be left now do posters think and when would the next CR be needed?
 
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