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Ann: Agreement with DRA Global to progress Victory Bore, page-18

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  1. 1,034 Posts.
    lightbulb Created with Sketch. 179
    Scottsmyname, I wouldn't be too sure about "they had cash flow for 4.93 quarters" they have 1.5mil in reserve and with only their Staff & Admin running about $600,000 per quarter so me calculation is they only have less than 2.5 quarters to go. In the report you will see an injection of $495,000 via Gov. Grants and Tax intensive so made the cash flow look good, they won't be getting that next quarter.
    This latest news is a pump to get the SP to rise before a CR announcement, did the SP rise on the back of this great news?
 
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