Yes, looks like they'll need more cash - "soon!"
Positive alignment is mentioned re: QPM & Sapphire
Extract from QPM presentation:
So what does BLU need to do to monetise one OR more of their tenements? With 2025 still a couple of years away - how much cash will they need to raise to get them to a point of Cash Generation?
Surely we are getting to a point where BLU with its sizeable knowledge base that they can start projecting when they might unlock their reserves!
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
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