to make any progress on non S32 tenements, this mob will require more funds before August 2020. take a photo of this post grub as I will come back to remind you in the event you forget. and the CR will be under 0.006 after discounts are applied. market does not buy into companies on low cash because a CR is inevitable. too risky once the SP starts to increase unless they land a serious partner. making funds last doesn't mean doing SFA for 18 months and then saying 'see, it lasted us 18 months'..... tik tok ICG..... it certainly is roulette at this end..
Ann: Quarterly Cashflow Report, page-92
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