Cash Burn & Runway Analysis
Silver Lands Portfolio ยท Dual Scenario: Month-End vs. Live
๐Ÿ“… April 30, 2026 โšก June 16, 2026
Methodology:  Monthly Burn = NI Used for Burn (T3M Avg, or Median if NI Outlier) + Median T3M N/P Activity |  Cash = April 30, 2026 Bank Statement Ending Balance |  Runway = Cash รท |Burn| | โš NI = NI outlier (median used) | โš NP = N/P outlier
Runway by Entity (Months) โ€” Burning Cash Only
Cash Balance vs. Monthly Burn Rate
Entity-Level Cash Burn & Runway Summary โ€” Month-End (Apr 30)
Silver Lands Management ยท Cash Burn & Runway Analysis ยท Dual Scenario: April 30, 2026 / June 16, 2026 ยท CONFIDENTIAL