SYA 3.13% 3.1¢ sayona mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-152

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  1. 336 Posts.
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    Hi mate. I think you'll find that a certain percentage of their remaining cash on hand has to be spent only on drilling. Therefore they aren't really wasting that money, but I guess what it effectively means is that we don't currently have $A91M cash, but rather $A91M minus that drilling amount which is still remaining. I might be wrong so DYOR.
 
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