A1M 1.43% 34.5¢ aic mines limited

cash burn

  1. 196 Posts.
    The announcement on 22nd October says the company is now down to $116.1m. As at 30 June, the company had $125.5m. So $9.4m has been spent in 3 and a half months.

    Now that the company no longer has any field activity and has commented that legal action is a last resort, you would hope the cash burn would slow right down.
 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.