ODE 0.00% 0.3¢ odessa minerals limited

(ST) - Cre8tek Ltd Rights Issue, page-20

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    @1Mike1,
    It may seem a difficult task to reach the 7c - 10c range, in particular due to the last pump & dump, current generalized market sentiment and last quarter cash flow report. Unfortunately we cannot do much about the market dynamics and the last pump was driven by a very positive view towards the company which was cooled down by the high cash burning rate, however the fundamentals of the company still the same, they are steadily progressing and attracting new large customers to the table and hopefully the last raise will give enough resources to finally close few deals.
    The question is where the SP will be in two years, i am not concerned with SP games but with the company getting those "fat" customers on board and managing their cash resources.
    Cheers,
    Rod
 
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