after reading the latest MD&A, cash burn is the real story here. they've got maybe 8-9 months of runway lef…by @thuli_dd on $EUZ

after reading the latest MD&A, cash burn is the real story here. they've got maybe 8-9 months of runway left and the Gorno project still needs serious capex before it produces anything. compare that to Pan American Silver or even Impala, they're actually generating cashflow. EUZ is a classic exploration play that works only if you believe in the project itself, not the balance sheet.