RXL 0.00% 15.0¢ rox resources limited

Rox a billion dollar company, page-231

  1. 662 Posts.
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    @CS96

    well it won't be the first time you've been taken for a riderolleyes.png
    Quarterly cash flow report:
    Receipts from customers - NIL
    1.9 Net cash from / (used in) operating activities Current Quarter (5,008) YTD (9,181)
    4.6 Cash and cash equivalents at end of period 5,597

    8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
    cash to fund its operations and, if so, what are those steps and how likely does it
    believe that they will be successful?
    Answer: The Company is in the process of finalising its 2022 calendar year drilling plans
    and costs associated with feasibility studies at Youanmi.
    Once this has been finalised the Company will assess any potential capital raising, including timing and
    amount.


    CAPITAL RAISE IMMINENT - FELL THE CASH BURN?biggrin.png
    KEEP DRILLING
 
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