Hmmm!
$3.7m in the bank as at 30/9 and a projected expenditure of $3m for the current 1/4. Do the sums!
We know that the loan negotiations are at an advanced stage. Let's hope a positive announcement is made very soon so that the possibility of a CR can be removed from investors' minds. I am sure that the SP is under pressure because of the possibility of a CR. Remove that risk and see the SP recover just in time for a TH about a major discovery. Now that would be a tonic!
Ann: Quarterly Cashflow Report , page-2
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