This quarter cash burn is 1.5 million.
This quarter ends on the 31st Dec.
So for next quarter there will only be
1.1 million.
We are talking about drilling next quarter which will cost a significant amount of cash and also 4 extra guys to pay.
Capital raise is going to happen very soon
so projects can progress.
This info is taken from the last quarterly.
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- Ann: Greenpower Energy Limited AGM Presentation November 2018
Ann: Greenpower Energy Limited AGM Presentation November 2018, page-6
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