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36.4% 1.5¢ paterson resources ltd

Ann: Becoming a substantial holder, page-34

  1. Barman
    641 Posts.
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    17/10/17
    09:09
    Post #: 27953121
    Unless I'm missing something cash is about $1m based on annual report plus SPP and that doesn't take into account cash burn which is est at approx 500k for the Sept quarter. Expect the 5B any day.

    Total assets are about $5mil as of June 30th but that is very different than suggesting this is trading under cash.
    EYM Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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