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Saturday, July 13, 2019 11:13:07 PM
First thing I noticed was OS will bump into the AS limit before long, UNLESS there is enough net income to cover expenses (which I could not see).
I see no income figures so far (I'll have to look for it). So from the first shallow look, I would expect AS to be increased substantially in the near future.
I also need to look for the OS percentage increases and numbers month by month. Anyone know off the top of their heads or have a link? Monthly burn rate (increase) on the OS in order to cover expenses?
Looks like little actual mining underway so far. No doubt due to lack of funds and personnel to do so?
It will take deep pockets and big money to mine and explore that much acreage (all areas combined). Cash flow coming in is from where?
Without large cash flow inbound, many properties will sit dormant long haul, in my opinion from a quick limited look. (Others may know things my quick look did not reveal to me).
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