Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production
1. Update interview with Mr. Bill Pincus
President and CEO of Global Minerals Ltd.
TSX Venture Exchange: CTG
April 15, 2013
2. Disclosure/Safe Harbour Statement
This interview and presentation may contain certain
forward looking statements that may involve a number of
risks and uncertainties. Actual events or results could
differ materially from Global Mineral Ltd’s (“the
Company”) expectations and projections. Except for
statements of historical fact relating to the Company,
certain information contained herein constitutes “forward-
looking statements”.
10. PEA
• Preliminary Economic Assessment, or
PEA includes:
- Estimated value of the deposit
- Detailed mine plan
- Results of metallurgical test work
Expected Q3 2013
11. Strieborná CAPEX
• Expected to be well below $100 million
• Potential financing mechanisms:
- Supplier financing
- Convertible debt
- Revolving credit
- Commodity debt
- …
12. Balance Sheet
Amounts in $000's 12/31/2012 12/31/2011
Cash and Cash Eq. 6,587 12,329
Receivables 1,452 908
Property, plant and equipment 2,252 1,735
Mineral property 2,269 2,009
Total Assets 12,926 17,516
Accounts payable 463 524
Total Liabilities 524 617
Total Stockholder Equity 12,402 16,898
Most important balance sheet data for the periods ending December 31,
2012 and December 31, 2011.