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Cash and Term Deposits 1
$165M
Su cient cash to meet the company’s nancial obligations and advance the Donlin Gold project through the remaining permitting process
2014 Actual
$26M
$4M (14%) less than planned and $13M lower than 2013 spending
2015 Budget 2 $29M
$13M Donlin Gold
$2M Galore Creek
$14M G&A and interest, including
$1.5M for Donlin Gold joint studies
Notes:
1) Includes $95M in term deposits (as of November 30, 2014).
2) We will spend $16M on repayment of outstanding convertible notes that mature May 1, 2015.
We’re well-funded with a strong cash balance – su cient to ful ll all of our current nancial obligations and fund the permitting process at Donlin Gold. And we’re focused on one thing: the execution and delivery of our business plan.
Financial Strength (click here to learn more)
8 : NG
