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edcraig

81 Posts.

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21/03/17

10:30

Post #: 23503215
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Originally posted by dwjd ↑

OK. Nothing here we don't already know & all appears good for future progress.
The lack of a CEO is (IMO) causing bad pressure on current share price.
We are now in a delicate position that could become a Company "make or break""deal..
Current cash burn gives us another 12 months max-- plus another 3 months if we get the METC.
A lot depends on sales from Atlantic deal--if we get the projected 200,000 t by Xmas we should get a minimum additional $5m-giving us some more cash to get GHN moving FINALLY.
It will be essential that we become a cash producing venture by May at latest. DWJD

Am I clutching at straws or do any of you agree ????????????

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Your grasping at straws. Make or break was some time ago. They may have 15 months worth of cash left but factor in winter and they are going to run out Of $ long before anything gets done. Start saving your shekels for the next cap raise.

ATU Price at posting: 35.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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