Millennium had $5 million cash at the end of the quarter and launched an underwritten $20 million raising this month. “We will be in a strong financial position with relatively little debt and strong cashflow from existing production at Nullagine
“We will be in a strong financial position with relatively little debt and strong cashflow from existing production at Nullagine,” chief executive Glenn Dovaston said. “We also have a supportive cornerstone shareholder in IMC and we will have
Dovaston has worked for companies such as Barrick Gold Corporation, Agincourt Resources Limited, Sons of Gwalia Limited, New Hampton Goldfields Limited, Centaur Mining and Exploration Limited, North Ltd, Dominion Mining Limited, Xtrata plc, Re