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Gold/Mining/Energy : Nuvo Research Inc
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To: twentyfirstcenturyfox who wrote (14052)3/8/2006 11:48:50 AM
From: SofaSpud   of 14101
 
All I saw as a quickie summary from GlobeInvestor, but they seemed consistent with your burn rate est. So you're right, of course, there has to be another financing. The difference between now and a year ago is the share price. Good for NRI that they can do a financing at $0.50 vs. $0.15, but they're a long way from being out of the woods IMHO.
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