PSP
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0.00% 0.1¢ prosperity resources limited

Ann: Quarterly Activities and Cashflow Report , page-9

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  1. KnuckleSandwich
    2,432 Posts.
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    24/08/11
    10:33
    Post #: 8864699
    PSP are almost out of cash. Cash burn is $1M per quarter and at the end of June they only had $1.37M Without some very good news very shortly they will have to raise cash at very low prices creating massive dilution for company shareholders.
    PSP Price at posting: 4.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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