9. Cash Requirements Forecast

Del Oro's cash requirements for 2001 through 2003 are as follows:

Components	2001	2002	2003
Funds needed for construction	$1,000,000	$ 100,000	$ 100,000
Debt service on existing debt	386,087	386,087	386,087
Total Cash Requirements	$1,386,087	$ 486,087	$ 486,087
Cash flow from internal sources	$ 670,400	$670,400	$670,400
Issuance of debt	1,000,000	0	0
Total Cash Received	$1,670,400	$670,400	$670,400
External Financing Requirements	($ 284,313)	($184,313)	($184,313)